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