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Mark Kane

Stellantis Will Produce Electric Cars In Serbia

Stellantis Serbia FCA Nidec

Stellantis announced a €190 million ($200 million) investment to produce electric cars at its plant in Kragujevac, Serbia (owned in 33% by the Republic of Serbia). About a quarter or €48 million ($50 million) of the amount will come from Serbia.

Currently, the company produces at the site the Fiat 500L minivan model, which will be replaced by an undisclosed, all-new, electric compact model based on a new electric platform. Production is set to start in mid-2024.

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One subscription that gives you access to news from hundreds of sites

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