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Stellantis to invest $35.5 billion in EV production
- July 9, 2021
- News Release
- Electric Vehicles
Stellantis, the company formed from the merger of Fiat Chrysler and PSA, has announced it will invest more than $35.5 billion in electric vehicle production through 2025, with the support of five battery plants in Europe and North America.
The automaker is planning for each of its 14 vehicle brands to offer EVs. Its goal is for more than 70% of its sales in Europe and more than 40% in the U.S. to be battery or hybrid electric vehicles by 2030.
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The Fabricator is North America's leading magazine for the metal forming and fabricating industry. The magazine delivers the news, technical articles, and case histories that enable fabricators to do their jobs more efficiently. The Fabricator has served the industry since 1970.
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- Podcasting
- Podcast:
- The Fabricator Podcast
- Published:
- 03/26/2024
- Running Time:
- 67:51
This week on The Fabricator Podcast, Jason Becker, host of the Arc Junkies Podcast and owner of Underground...
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