Car giant owns 14 brands, including Citroen, Fiat and Vauxhall.

Major automotive firm Stellantis has announced a €30 billion (£25.8bn) investment in electric vehicle technology, promising cars with up to 500 miles of range.

The Dutch-based company was born from a merger between Fiat Chrysler Automobiles and the PSA Group in January this year, and owns a huge number of car manufacturers such as Fiat, Vauxhall, Citroen and Peugeot.

The investment is targeting the production of electric cars with 300 to 500 miles of range, with fast charging capable of adding about 20 miles per minute.