Stellantis to Invest €130 Million in German Plant for BEV Production

What’s Happening: Stellantis has announced plans to invest over €130 million in its Eisenach Assembly Plant in Germany, currently producing the Opel Grandland compact SUV, to facilitate the production of a new battery-electric vehicle (BEV) successor. Built on the all-new STLA Medium platform, the new BEV’s production is slated to start in the second half of 2024.

Why It Matters: The investment supports Opel’s ambitious commitment to have a fully electric product lineup in Europe by 2028. It is a crucial step in meeting the Dare Forward 2030 strategic plan’s goals, which include deep emission cuts, achieving carbon net zero by 2038, and increasing the share of BEV sales.

Key Points:

  • The Eisenach Assembly Plant has a 31-year history of producing high-quality vehicles in Thuringia, Germany.
  • The plant’s current output includes the Opel Grandland and Grandland GSe, with plug-in hybrid variants.
  • The investment in the plant aligns with Stellantis’ €30 billion investment in electrification and software through 2025.
  • Dare Forward 2030 targets 100% of passenger car sales in Europe and 50% of passenger car and light-duty truck sales in the United States to be BEVs by the end of the decade.

Bottom Line: Stellantis’ €130 million investment in the Eisenach Assembly Plant is a significant step toward meeting the company’s ambitious electrification goals outlined in the Dare Forward 2030 strategic plan. The new BEV produced at the plant will bolster Opel’s commitment to a fully electric product lineup in Europe by 2028 and help Stellantis achieve its larger sustainability targets.


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