WARSAW — Fiat Chrysler Cars plans to take a position 755 zlotys ($204 million) in its plant in Tychy, Poland, Deputy Prime Minister Jaroslaw Gowin mentioned on Tuesday, in a transfer that may see new electrical and hybrid autos produced on the manufacturing unit.
FCA mentioned new hybrid and electrical Jeep, Fiat and Alfa Romeo fashions could be in-built Tychy. The corporate desires to begin manufacturing of the primary of three new fashions within the second half of 2022.
The funding comes as a lift to Poland, rising Europe’s largest economic system, which is hoping a swap to EVs might help its auto sector meet up with regional rivals such because the Czech Republic and Slovakia.
“Fashionable, hybrid and electrical automobiles of the Jeep, Fiat and Alfa Romeo manufacturers will begin to depart the manufacturing unit in Tychy in 2022,” Gowin wrote on Twitter.
Gowin didn’t title the fashions.
The Tychy manufacturing unit at the moment builds the Fiat 500 and Lancia Ypsilon minicars.
FCA plans to increase annual production at the plant to as many as 400,000 small automobiles based mostly on PSA Group’s Frequent Modular Platform, in response to Italian press stories earlier this yr.
The plant constructed 263,176 models in 2019.
FCA, which is planning a $38 billion merger with PSA to create Stellantis, the world’s No.4 carmaker, mentioned in an announcement that the early preparations for the enlargement and modernization of the plant began on the finish of this yr.
The plant in Poland’s industrial southern area of Silesia is among the firm’s largest and at the moment employs round 2,500 individuals.
In its 2018-2022 plan, FCA pledged to take a position 9 billion euros in electrification as a part of funding plans totaling 45 billion euros.
Automotive Information Europe contributed to this report
Editor’s be aware: Reuters has corrected the plant funding figures that had been printed in an earlier model of this story.