Kokomo Casting

  Stellantis Announces $155 Million Investment in Three Indiana Plants to Support North American Electrification Goals

Retrieved on: 
Tuesday, February 28, 2023
Samsung, Carbon, Indiana Transmission, BEV, Ram, Jeep, STLA, Investment, Windsor Assembly, Kokomo Casting, Kokomo Transmission, PHEV, Plant, EDM, Chrysler Pacifica, Turbocharger, Electronics, SDI, Renewable energy, Rail transport, Hydraulic machinery, Stellantis

The optimized efficiency of the new EDM will help each platform achieve driving range up to 500 miles (800 km).

Key Points: 
  • The optimized efficiency of the new EDM will help each platform achieve driving range up to 500 miles (800 km).
  • “While we continue our successful transition to a decarbonized future in our European operations, we are now setting those same foundational elements for the North American market,” said Carlos Tavares, Stellantis CEO.
  • And with our in-house manufacturing capabilities and expertise, we will do it with greater flexibility and efficiency.”
    Investments will be made at the Indiana Transmission, Kokomo Transmission and Kokomo Casting Plants.
  • Stellantis currently operates five powertrain plants in Indiana – three transmission plants, a casting plant and an engine plant.

Stellantis Announces $155 Million Investment in Three Indiana Plants to Support North American Electrification Goals

Retrieved on: 
Tuesday, February 28, 2023
Samsung, Carbon, Indiana Transmission, BEV, Ram, Peugeot, NYSE, Jeep, STLA, Chrysler, Car, Investment, Windsor Assembly, Kokomo Casting, Total, Opel, Kokomo Transmission, PHEV, Plant, Maserati, EDM, Alfa Romeo, Dodge, Turbocharger, Chrysler Pacifica, Abarth, DS Automobiles, Electronics, Multimedia, SDI, Fiat, FCA Global Medium Engine, Lancia, Renewable energy, Natural gas, Rail transport, Stellantis, Wesley Leasy

The optimized efficiency of the new EDM will help each platform achieve driving range up to 500 miles (800 km).

Key Points: 
  • The optimized efficiency of the new EDM will help each platform achieve driving range up to 500 miles (800 km).
  • Investments will be made at the Indiana Transmission, Kokomo Transmission and Kokomo Casting plants.
  • Since 2020, Stellantis has invested nearly $3.3 billion in Indiana to support its transition to electrification.
  • Stellantis currently operates five powertrain plants in Indiana – three transmission plants, a casting plant and an engine plant.

Stellantis Announces $229 Million Investment in Kokomo, Indiana, Operations to Accelerate Electrification Plans

Retrieved on: 
Thursday, October 7, 2021
Freedom, Wrangler, Technology, Electronics, Dodge, Ram, Workforce, Ram pickup, STLA, Kokomo Casting, Torque, UAW, Industry, Kokomo Transmission, Software, Jeep Wrangler, Challenger, News, Jeep, Plant, FCA Global Medium Engine, Movement, Gladiator, KTP, 300, NYSE, Group, Indiana Transmission, Dodge Charger, Chrysler, Rail transport, Renewable energy

The investment will support retooling of the Kokomo Transmission (KTP), Kokomo Casting and Indiana Transmission plants to produce the fourth-generation eight-speed transmission.

Key Points: 
  • The investment will support retooling of the Kokomo Transmission (KTP), Kokomo Casting and Indiana Transmission plants to produce the fourth-generation eight-speed transmission.
  • It will deliver improved fuel economy, provide pure-electric range and help vehicles meet future emission regulations.
  • "This investment and this transmission represent an important stepping stone in getting us to 2030 and further expanding our battery electric offerings," said Clark.
  • Stellantis aspires to become the greatest, not the biggest, while creating added value for all stakeholders, as well as the communities in which it operates.