Stellantis will invest 160 million euros ($176.13 million) at its Rennes plant to launch a 100% electric compact SUV in 2025, the Franco-Italian-American car manufacturer announced on Thursday.
Stellantis will use the investment to set up a battery assembly workshop as well as one dedicated to plastic injection, it said in a statement.
($1 = 0.9084 euros)
(Reporting by Gilles Guillaume; Wriiting by Olivier Sorgho; Edited by Kirsten Donovan)
