Stellantis announced a significant investment of $406 million in three of its Michigan plants to prepare for the production of electric cars and related components. This investment is part of the company's broader strategy to navigate the changing automotive landscape and secure its future in the US.
The assembly plant in Sterling Heights will receive the largest share of the investment - $235.5 million. This funding will allow the plant to produce the electric Ram 1500 Rev and the extended-mileage Ramcharger 1500. This will be the first Stellantis plant in the United States to produce an all-electric vehicle.
The pickup assembly plant in Warren will also receive a significant investment of nearly $100 million to prepare for production of the electric Jeep Wagoneer. The plant will have the flexibility to produce both electric and combustion-powered Wagoneer and Grand Wagoneer models, allowing Stellantis to adapt to changing consumer preferences.
The Dundee engine plant will receive $73 million to retool to produce battery components for the STLA platform and front and rear beams for the STLA Large architecture. The plant will also continue to produce two new internal combustion engines, including a 1.6-liter inline-four that could be used for future hybrid-electric vehicles.