Stellantis invests $173M to develop electrical Citroen SUV in France

BE desk

Stellantis invests 3M to develop electrical Citroen SUV in France

The manufacturing facility lately builds the Citroen C5 Aircross and the Peugeot 5008 midsize SUV. Each fashions entered manufacturing in 2017; the C5 Aircross is to be had as a plug-in hybrid, week the 5008 does no longer have any electrified choices. 

The 5008 is because of get replaced within the nearest 18 months, along side the smaller 3008 compact. Its successor is anticipated to be constructed at Stellantis’ manufacturing facility in Sochaux, japanese France, with the 3008. 

The Rennes facility dates to 1960, when it used to be arrange by means of Citroen. Peugeot fashions had been added within the 2000s, together with the 407, 508 and the 5008, which entered manufacturing in 2017. It has an annual capability of about 100,000 automobiles, and about 2,300 staff. Terminating hour it produced about 73,000 automobiles.

Reuters contributed to this file

Kia Syros SUV, packed with features, makes global debut in India. Bookings from…

The Kia Syros is the fifth SUV from the company in India and it competes…

Tesla Shanghai starts mass production of Model Y refresh in Jan, says local media

The refreshed Model Y, codenamed Juniper, expected to have similar features as the refreshed “Highland”…

Honda-Nissan merger: What it could mean for the global carmakers and the industry

Nissan’s share price soared nearly 24% in Tokyo after reports citing unnamed sources said it…