Stellantis invests €1 billion in French operations for new HOUSING and hybrid production

Peugeot, Fiat and Jeep’ owner Stellantis said on Tuesday that from 2029’ will invest €1 billion in the Mulhouse plant in eastern France to develop and produce three new Peugeot electric or hybrid models.

This move comes at a time when European ​​ automakers are grappling with weak demand, increased global competition and tariffs in China’. At the same time, Chinese brands such as BYD, MG Motor and Chery are also gaining a place in the market. Europe’'s growing EV marketThis encourages automakers to invest heavily in new technologies and more affordable models.

Announcement forms part of Stellantis’in announcement Broader strategy of 60 billion Euro’We aim to restore profitability in the next five years. This also confirms the site plans outlined by French President Emmanuel Macron ’ last month.

According to Stellantis’e, the new vehicles will include compact sedans and SUV’s, which means that Peugeot’'s car sales in Europe are about %It will strengthen its position in the market segment that makes up its 30’.

Stellantis believes that the new models will be compact sedans and SUV’s, and that Peugeot’'s European car sales will be %The ’ key segment, which makes up its 30“, said it would strengthen its presence in ”.

European ​​ automakers are facing increasing pressure as they transition to cleaner vehicles, while competing with increasingly popular Chinese brands, many of which offer lower-cost electric models.

Earlier this year, Stellantis CEO Antonio Filosa admitted that the company overestimated demand for electric vehicles. The group then recorded a depreciation of €22 billion in connection with EV investments and launched a strategic review.

Since then, Stellantis has introduced a new STLA One electric vehicle platform designed to reduce production costs and accelerate the development of new models.

The world's fourth-largest automaker is concentrating its resources on four of its 14 brands (Peugeot, Fiat, Jeep and Ram), while Europe has a production capacity in ’ that is equivalent to about 800,000 vehicles per year. %Reduces by 20.

The company is also expanding its cooperation with Chinese partners to strengthen sales in France, ’da and abroad. Chinese automaker Dongfeng recently signed a joint venture agreement with Stellantis covering its production, sales and engineering activities in Europe’.

BYD is in talks to buy Europe's idle car factories in ’ while Maserati’yi catches its eye

Chinese electric vehicle giant BYD is in talks with Jeep manufacturer Stellantis and other automakers to take over EU facilities as part of its international expansion effort, Bloomberg News’in reported on Wednesday.

The talks came weeks after Stellantis’ shocked investors with a loss of €22 billion in EV operations, saying it overestimated demand for clean-energy cars.

BYD’'s vice president of international operations, Stella Li, said in a speech on the sidelines of a car conference in London’We are talking not only with Stellantis, but also with other companies“ said.

“EuropeWe are looking for any existing facility in ’ because we want to use this type of spare capacity, ” said.

BYD became the world's largest seller of electric vehicles last year, but its earnings fell due to weak domestic demand, which pushed it to seek larger markets abroad.

The company is currently building its own factory in Szeged, Hungary, which is scheduled to open in 2027’.

Li also said that Stellantis’in luxury Maserati brand “ is very interesting”, BYD’in Europe’ wants to take over the old brands in a difficult situation.

Stellantis, a French-Italian group whose brands include Peugeot and Fiat’, announced last week that it was considering selling an underutilized factory in Spain’ to Chinese joint venture partner Leapmotor’a.

ItalyTwo Stellantis plants in ’ are operating well below capacity. According to the Fim-Cisl report in the Italian press, the Cassino plant in Frosinone province produced only 2,916 cars in the first quarter of 2026 (.4 decrease) and works five to six days a month.

The historic Mirafiori plant in Turin’ has been scaled down to produce only Fiat 500 hybrid and electric models.

The European car market has not fully recovered from the downturn brought by the Covid-19 pandemic, and its factories are operating at only half the capacity of the average.

At the same time, it faces the onslaught of Chinese automakers whose rapidly advancing technical capabilities and low production costs pose a major risk to their global rivals.

Stellantis did not immediately comment on BYD’'s plans.

Commercial hydrogen output from Stellantis ⁇ !

Stellantis gave a remarkable performance at IAA Transportation 2024, one of the largest trade fairs in Europe, with its commercial vehicle unit Pro One. At the fair held in Hannover, he introduced commercial vehicles with hydrogen fuel cell technology. The company, which draws attention with its investments in sustainable mobility solutions, especially with its hydrogen-powered medium-sized minibuses, is preparing to include large-sized minibuses in its product range in a short time.

Stellantis introduces hydrogen fuel cell commercials!

Stellantis Pro One is approaching zero emissions targets step by step thanks to its new minibus series with hydrogen fuel cell technology. These vehicles, which can be refueled in just 5 minutes and offer a range of more than 500 kilometers, increase efficiency in the commercial transportation sector and reduce the negative effects on the environment. Stellantis is also the first manufacturer in Europe to offer hydrogen-powered minibuses.

Another important innovation introduced at the fair was the Multijet 4.0 engine developed by Stellantis ⁇ . This engine reduces CO2 emissions in commercial vehicles by up to 10 per cent, while at the same time delivering high performance.

The new AT8 automatic transmission, on the other hand, stands out with its features that increase driving comfort and provide more efficient gear shifts. This new transmission promotes environmentally friendly solutions in commercial vehicles by offering lower emissions and higher fuel savings.

Stellantis Pro One attracted the attention of visitors by displaying its wide range of products with models such as Opel Movano HYDROGEN and ultra-compact Opel Rocks Electric. All of these vehicles feature hydrogen fuel cell technology, with long range and short refueling times. In addition, the company introduced environmentally friendly and practical vehicles in urban transportation with micro mobility solutions.

Stellantis, which also exhibits its converted commercial vehicles at the fair, offers personalized solutions that respond to the needs of professional customers. Developed in collaboration with certified partners, these vehicles provide their users with reliable, efficient and practical transportation solutions.

Especially these vehicles, which offer longer range and faster refueling without sacrificing loading capacity, are reshaping the future of commercial transportation. With more than 250 hydrogen stations located throughout Europe, the transition to this technology is accelerating, and Stellantis is at the center of this transformation.