Fri. Sep 22nd, 2023
    Stellantis plans to produce electric cars and build a battery plant in Spain

    Stellantis, the automotive group formed by the merger of PSA (Peugeot, Citroƫn, and Opel) and FCA (Fiat, Chrysler, and Jeep), has shown interest in the production of electric cars in Spain. Figueruelas, in Zaragoza, is shaping up as the chosen location for the manufacturing of the new models of the Peugeot 208 and e-208, which will be based on the STLA Small platform. Additionally, the possibility of building a battery plant to support the Aragonese factory is being considered.

    The CEO of Stellantis, Carlos Tavares, has explained that producing small electric vehicles in countries with lower costs, such as Spain, is more economically favorable. Although France has asked Tavares to prioritize production on French soil, the CEO has made it clear that he is seeking to make reasonable decisions that will not negatively impact the company in the long term.

    The estimated investment to support Stellantis’ electric strategy in Spain amounts to 200 million euros. This includes adapting Spanish infrastructures to the STLA Small platform, for which an additional 100 million euros will be requested. In total, Stellantis’ total investments in the project are estimated to reach 4 billion euros.

    The choice of Figueruelas as the production site for the Peugeot e-208 is significant, as this model will mark the beginning of the new STLA Small platform. This platform will completely replace the current CMP platform in just over two years and will serve as the foundation for Stellantis’ future small electric cars.

    Sources:
    – Automotive News
    – ExpansiĆ³n

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