Stellantis Celebrates 7 Million Vehicles Built at Sevel

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Stellantis N.V. (NYSE: MTA. Euronext Paris: STLA), the mega-merger of  FCA and Peugeot, marked the seven millionth light commercial vehicle built today at the Sevel plant in Atessa, Italy, which started manufacturing vans for trades people in 1981.

Sevel currently builds the Fiat Professional Ducato, Citroën Jumper, Peugeot Boxer, as well as Opel/Vauxhall Movano vans and chassis. Sevel is Europe’s largest light commercial vehicle (LCV) plant.

“The team at Sevel is contributing daily to helping us achieve our target to be the undisputed commercial vehicles market leader,” said Uwe Hochgeschurtz, Stellantis Chief Operating Officer, Enlarged Europe. “The plant has a long history of building the products our professional customers want and need, and it will continue playing a critical role in achieving a 40% battery electric vehicle ⁽¹⁾ sales mix for commercial vehicles by 2030. Congratulations to the entire team for today’s achievement.”

Stellantis wants to double its commercial vehicles revenues by 2030 versus 2021 with 26 new launches, including an electric model in all segments. For the first half of 2022, Stellantis was the commercial vehicles market leader in the EU30 ⁽²⁾ and South America, with 33.2% and 30.7% share, respectively. Stellantis was also the leader in EU30 battery electric commercial vehicle (BEV) sales, with nearly 50% BEV market share for the first half of 2022.

The Sevel (European Light Vehicle Company) production site was established as a joint-venture partnership between FCA and PSA-Peugeot Citroën in 1978. Inaugurated in 1981, Sevel has a surface area of more than 1.2 million square meters and can manufacture up to 1200 vehicles per day. It claims to be the largest and most flexible light commercial vehicles plant in Europe capable of producing vehicles in a large array of configurations.

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Inevitable Stellantis Footnotes

 ⁽¹⁾   Excluding heavy-duty trucks
 ⁽²⁾    EU30 = EU 27 (excluding Malta), Iceland, Norway, Switzerland and UK