Stellantis Invests €130 Million in Eisenach Assembly Plant in Germany for Electric Opel Grandland Successor - Seite 2

Opened in September 1992 with production of the Opel Astra, the Eisenach Assembly Plant is in the state of Thuringia, central Germany. In 2022 the plant celebrated its 30^th anniversary with an Open Day event that commemorated production of 3.7 million vehicles.

The Eisenach investment is a key step in meeting the commitments of the Dare Forward 2030 strategic plan, which is led by deep emission cuts to slash CO2 in half by 2030, benchmarking 2021 metrics, and achieve carbon net zero by 2038 with single digit percentage compensation of the remaining emissions. Core targets for Dare Forward 2030 also include 100% of passenger car sales in Europe and 50% of passenger car and light-duty truck sales in the United States to be BEVs by the end of the decade; the ambition of doubling Net Revenues by 2030 (versus 2021) and sustaining double-digit Adjusted Operating Income margins throughout the decade; and the aim to become number one in customer satisfaction for products and services in every market by 2030.

Stellantis is investing more than €30 billion through 2025 in electrification and software to deliver BEVs that meet customer demands.

The current models from Eisenach: Opel Grandland and Grandland GSe

The Opel Grandland from Eisenach has made a name for itself in the compact SUV segment. Sporty and elegant, intuitive to operable and equipped with innovative technologies, it inspires customers. With the fully digital Pure Panel, it offers a new kind of cockpit experience. In addition, the Grandland is equipped with further top technologies and assistance systems that customers have previously only been familiar with from higher vehicle classes. First and foremost is the adaptive IntelliLux LED Pixel light with a total of 168 LED elements. There is also Night Vision: the system that detects pedestrians and animals in the dark at a distance of up to 100 meters and actively warns the driver. The Opel SUV proudly wears the new face of the brand - the Opel Vizor. Customers have a choice of highly efficient combustion engine and plug-in hybrid variants. The top model is the sporty Opel Grandland GSe with electric all-wheel drive.

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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.