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InsideEVs
InsideEVs
Business
Dan Mihalascu

Stellantis Pledges $2.8B To Retool Ontario Plants For EVs, Hybrids

Stellantis will invest $2.8 billion ($3.6 billion CAD) in the transformation of its Windsor and Brampton assembly plants in Ontario, Canada, and the expansion of the Automotive Research and Development Centre (ARDC) as part of the company's electrification drive.

The announcement supports the company's Dare Forward 2030 strategic plan and its long-term electrification strategy to invest $35 billion through 2025 in electrification and software globally.

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