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Stellantis invests over €300 million to double Kenitra plant capacity in Morocco · Endata

◂ Announcements

Nov 9, 2022EXPANSIONKenitra, Morocco, Morocco

Stellantis invests over €300 million to double Kenitra plant capacity in Morocco

Stellantis announced an investment of over €300 million in its Kenitra manufacturing facility in Morocco to double production capacity and introduce the 'smart car' platform, supporting regional growth plans.

Value

$305.0M (300.0M EUR)

Starts operating

2030

Status

Announced

Capacity

doubling of production capacity (target: 1 million vehicles per year by 2030)

Productsvehicles on 'smart car' platform

CompaniesStellantis

Sectors#Automotive Components

“We are proud to announce today a great new milestone in the journey of our industrial plant in Kenitra, in partnership with the Ministry of Industry and Trade in Morocco.”stellantis.com

1 source
stellantis.comA New Step for Kenitra Site to Support Growth Plans for Middle East and Africa Region | StellantisNov 9, 2022

Summarized from public sources; check the original articles before acting on it.

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