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    Home»Economy»Peugeot and Citroen will have an investment of R$ 2.5 billion and hybrid cars in Brazil
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    Peugeot and Citroen will have an investment of R$ 2.5 billion and hybrid cars in Brazil

    Camelia KirkBy Camelia KirkSeptember 23, 2023No Comments2 Mins Read
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    Peugeot and Citroen will have an investment of R$ 2.5 billion and hybrid cars in Brazil
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    The Porto Real plant is one of the Stellantis production units in Brazil, out of a total of five plants installed in South America, and the invested amount will be allocated to the development of new products, research and development in general, in addition to modernization. Facilities, systems and equipment of the industrial unit.

    Of the more than R$2 billion, R$330 million has been invested in developing a different version of the CMP platform for use by the most diverse brands that make up the automotive conglomerate. It will be compatible with both combustion-only and hybrid and electric models.

    According to Stellantis, the novelty will be the basis for the Group’s continuous innovation and puts the Stellantis Automotive Hub in Puerto Real in the technical conditions to produce vehicles with the recently announced “Bio-Hybrid” technology.

    Currently, the CMP platform is used by models such as the Citroën C3, Peugeot 208, and soon the C3 AirCross (presented to the governor on this occasion).

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    Camelia Kirk

    "Friendly zombie guru. Avid pop culture scholar. Freelance travel geek. Wannabe troublemaker. Coffee specialist."

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