Overview
- Stellantis announced the investment during a presidential electrification meeting on Tuesday, May 26, 2026, saying the money will prepare Mulhouse to produce a new generation of electric vehicles from 2029.
- The company and the presidency described the sum as more than €1 billion to be deployed over several years to fund production lines, dedicated machines and related R&D and setup costs.
- The Mulhouse site employs about 4,000 people and currently makes roughly 135,000 vehicles a year, down from about 200,000 before the COVID downturn, a decline that left the plant’s medium‑term future uncertain.
- Stellantis has said it will consult required employee representatives and other social partners before publishing formal technical and operational details and any official allocation of the new model.
- The Mulhouse investment is part of a wider Stellantis plan of roughly 60 model launches and about €60 billion of group investment over five years and could help raise electric‑vehicle production in France and shore up local jobs.