Automaker Stellantis halts Peugeot and Citroën factories due to battery shortage

Stellantis is pausing production at its Peugeot and Citroën plants in France due to a shortage of batteries for its electric vehicle models. The company is adjusting its manufacturing schedule to align with market demand and prevent excessive inventory of vehicles that do not meet current consumer preferences.
Automotive giant Stellantis has announced temporary production shutdowns at several of its French facilities due to a shortage of batteries for its electric vehicle lineup. The Sochaux plant, which manufactures the Peugeot 3008 and 5008 models, will halt operations from October 23 to 30. Additionally, the Rennes facility will pause the assembly of the Citroën C5 Aircross between October 22 and 30. A company spokesperson indicated that current supply levels cannot meet the high demand for electric models capable of long-distance travel, necessitating these adjustments to production schedules.
The production strategy also aims to avoid the accumulation of inventory that does not align with specific customer requirements. This move follows a significant rise in interest for electric vehicles, driven partly by record-high fuel prices. Stellantis additionally reported a two-week suspension at its Mulhouse plant in late October, though this measure is attributed to lower than anticipated demand for the Peugeot 308 rather than component shortages.
Based on reporting by nu. Translated and condensed by LocalHeadlines.
