Stellantis invests 38 million euros in Italian electric motor plant

Stellantis is investing €38 million in its plant in Biella, Italy, to produce automotive motor components based on the STLA Small platform. Stellantis plans to start production at the end of 2027, with the goal of producing more than 400,000 components per year, with the option to increase capacity by another 200,000 in the future.