Stellantis to produce 1 million electric motors by 2024

21 Dec 2022

Stellantis NV - Hoofddorp, Netherlands-based car manufacturer - Ramps up production of the all-new M3 electric motors, at its manufacturing plant in Tremery, Lorraine, France. Expects production capacity to reach over 1 million electric motors per year by 2024. Chief Executive Carlos Tavares comments: "Controlling our electrification value chain will ensure our technological independence in the context of economic and geopolitical crises while mitigating the impact of this dramatic change for our sites and employees, particularly in France where we are and will undoubtedly remain the commercial and industrial leader."