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Stellantis is spending $400 million to revamp US factories for EVs

Tags: media money
DATE POSTED:September 11, 2024
big truck body floating over the bottom frame of the truck, big machines holding the components up before dropping down to complete. A Ram 1500 truck assembly process at Stellantis’ Sterling Heights, Michigan plant. | Image: Stellantis

Stellantis, the European parent company of American brands Ram, Dodge, Chrysler, and Jeep, is retooling its Michigan plants to enable more electric vehicle production.

The automaker says it will put more than $400 million into three Michigan facilities to support its “multi-energy strategy,” enabling manufacturing of electric and gas versions of the same vehicles to be built in the same facilities. Most of the money will roll into the Sterling Heights Assembly Plant (SHAP), where the upcoming 2025 Ram 1500 Ramcharger, an EV truck with a gas-powered range extender, will be built alongside the all-combustion engine versions of the pickup.

Much of the investment will help EV and gas Ram trucks coexist on the same assembly line

SHAP will...

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Tags: media money