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Stellantis is spending $400 million to revamp US factories for EVs
Will Stellantis’ EV roadmap stay on track?
Stellantis, the European parent company of American brands Ram, Dodge, Chrysler, and Jeep, is retooling its Michigan plants to enable more electric vehicle production. 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. Separate from the new investment, Stellantis is also receiving federal funding to revive idled plants in Indiana and Illinois, part of a $1.7 billion pool the Biden administration announced in July.
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