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March 18,2025

Stellantis Invests €38 million in Italy for EV Parts

Stellantis is investing €38 million ($41 million) in its Verrone plant in Northern Italy to produce steel components for electric drive modules. Production is set to begin in late 2027, with an initial target of over 400,000 units annually, potentially increasing by 200,000 based on market conditions.

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