Stellantis Announces $155 Million Investment in Three Indiana Plants to Support North American Electrification Goals
Retrieved on:
Tuesday, February 28, 2023
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.