Stellantis invests 1 billion in Mulhouse: 29 new electric vehicles with STLA One platform from 2029

Stellantis invests over 1 billion euros in the Mulhouse plant, France, to produce a new generation of electric vehicles starting in 2029. The announcement was made by French President Emmanuel Macron during a summit dedicated to the electrification of the automotive sector. This decision fits into the strategic plan FaSTLAne 2030, amounting to 60 billion euros, which includes over 60 new models, including 29 BEVs.

Mulhouse is the last French site of the group to have defined its industrial future. Here, Peugeot 308, 308 SW, 408, and DS 7 are produced, with the 4,000 employees now assured of work until 2035. The new EVs could be Peugeots based on the future STLA One platform, a multi-energy modular architecture for segments B, C, and D that will support over 30 models from 2027 to 2035, with a target of 2 million units annually. Many of the 29 BEVs expected by 2030 will be launched on this platform.

Fast Lane 2030: the overall strategy
Presented on May 21 at the Investor Day in Auburn Hills, the five-year plan aims to make Stellantis faster and more competitive. 70% of investments in products will go to four brands: Jeep, Ram, Peugeot, and FIAT. Over 24 billion euros will be devoted to platforms, powertrains, and technologies, including STLA Brain, STLA SmartCockpit, and STLA AutoDrive by 2027.

Moreover, by 2030, 50% of global volumes will be produced on three platforms, with STLA One at the forefront. This is a platform designed to reduce complexity by merging five different architectures and achieving a 20% reduction in costs. Stellantis aims to cut the time-to-market from 40 to 24 months and generate 6 billion euros in annual cost reductions by 2028.

In parallel with Mulhouse, Stellantis will launch the E-Car in 2028, a low-cost electric city car with a target price of 15,000 euros, produced in Pomigliano d'Arco.