Opel Commits to Fully Electric Lineup in Europe by 2028 with Stellantis’ Eisenach Investment

Opel Commits to Fully Electric Lineup in Europe by 2028 with Stellantis’ Eisenach Investment

(IN BRIEF) Stellantis will invest over €130 million in Germany’s Eisenach Assembly Plant to add production of a battery electric vehicle (BEV) successor to the Opel Grandland compact SUV. The new BEV will begin production in the second half of 2024, supporting Opel’s commitment to a fully electric product lineup in Europe by 2028. The Eisenach investment is part of Stellantis’ Dare Forward 2030 strategic plan to cut CO2 emissions, achieve carbon neutrality by 2038, and increase BEV sales. Stellantis plans to invest over €30 billion through 2025 in electrification and software to meet customer demands.

(PRESS RELEASE) AMSTERDAM, 22-Mar-2023 — /EuropaWire/ —  Stellantis N.V. (STLA:EN), a leading multinational automaker and provider of innovative mobility solutions formed in 2021 by the merger of Fiat Chrysler and PSA Group, has announced plans to invest over €130 million in the Eisenach Assembly Plant in Germany to add production of a battery electric vehicle (BEV) successor to the Opel Grandland compact SUV. The new BEV is scheduled to begin production in the second half of 2024, supporting Opel’s commitment to a fully electric product lineup in Europe by 2028.

The Eisenach Assembly Plant, which opened in 1992, currently produces the Opel Grandland, including plug-in hybrid variants. The investment is a key step in meeting the commitments of the Dare Forward 2030 strategic plan, which aims to cut CO2 emissions, achieve carbon neutrality by 2038, and increase BEV sales. Stellantis plans to invest over €30 billion through 2025 in electrification and software to meet customer demands.

“Eisenach, our most compact plant in Germany, has demonstrated a strong drive in quality improvements,” said Arnaud Deboeuf, Stellantis Chief Manufacturing Officer.  “With this allocation of Stellantis’ new fully BEV platform, STLA Medium, Eisenach plant’s highly skilled workforce will continue to improve the cost and the quality of the vehicles they produce to delight our customers.”

“We have been building top-quality vehicles here in Thuringia for 31 years and improved our competitiveness continuously. We will stay on this clear path with the electric successor to the Opel Grandland,” said Florian Huettl, Opel CEO. “This decision is another important step for Opel on the way to the declared goal of being a purely electric brand in Europe by 2028.”

“At Stellantis, ‘We Win Together’ is a core value and this announcement for Eisenach demonstrates that value in action,” said Xavier Chereau, Chairman of the Opel Supervisory Board and Chief Human Resources & Transformation Officer at Stellantis. “A focus on improving quality and costs from Eisenach management and employees, combined with the input and social dialogue with the German union representatives, help define the future.”

“Thuringia is an automotive location with a great tradition that is currently making the transition to electromobility at top speed,” Thuringia Prime Minister Bodo Ramelow said. “Against this background, I am particularly pleased that Opel is playing a decisive role here and will be producing a future-proof model range in Eisenach.”

The Opel Grandland has made a name for itself in the compact SUV segment with its sporty and elegant design, intuitive operability, and innovative technologies. The fully digital Pure Panel offers a new kind of cockpit experience, while top technologies and assistance systems, including the adaptive IntelliLux LED® Pixel light with 168 LED elements and Night Vision, make driving safer and more comfortable. Customers can choose from highly efficient combustion engine and plug-in hybrid variants, with the top model being the sporty Opel Grandland GSe with electric all-wheel drive.

The Eisenach investment is a significant milestone for Stellantis, which is committed to delivering BEVs that meet customer demands and support a more sustainable future. With a progressive rollout across its global footprint, Stellantis is investing over €30 billion through 2025 in electrification and software to achieve carbon neutrality and increase BEV sales.

About Stellantis

Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is one of the world’s leading automakers and a mobility provider. Its storied and iconic brands embody the passion of their visionary founders and today’s customers in their innovative products and services, including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep_®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. Powered by our diversity, we lead the way the world moves – aspiring to become the greatest sustainable mobility tech company, not the biggest, while creating added value for all stakeholders as well as the communities in which it operates. For more information, visit www.stellantis.com.

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communications@stellantis.com

Fernão SILVEIRA
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fernao.silveira@stellantis.com

Sascha WOLFINGER
+49 173 3200 402
sascha.wolfinger@stellantis.com

Harald HAMPRECHT
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harald.hamprecht@opelvauxhall.com

SOURCE: Stellantis NV