US EditionStellantis Eyes €160M Investment In Rennes Plant To Launch Electric SUVs In 2025: Report - Stellantis (NYSE:STLA)
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Stellantis Eyes €160M Investment In Rennes Plant To Launch Electric SUVs In 2025: Report - Stellantis (NYSE:STLA)
Stellantis N.V. (NYSE: STLA) will reportedly invest €160 million at its Rennes plant to launch a 100% electric compact Sports Utility Vehicle (SUV) in 2025.
·New York, United States
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Stellantis announces 160 million euro investment to launch electric SUV in 2025
(Reuters) - Stellantis will invest 160 million euros ($176.13 million) at its Rennes plant to launch a 100% electric compact SUV in 2025, the Franco-Italian-American car manufacturer announced on Thursday. Stellantis will use the investment to set up a battery assembly workshop as well as one dedicated to plastic injection, it said in a statement. ($1 = 0.9084 euros) (Reporting by Gilles Guillaume; Wriiting by Olivier Sorgho; Edited by Kirs…
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