(Reuters) - Stellantis said on Wednesday it would invest more than $406 million in three facilities in Michigan to develop a platform that can be shared for both electric and hybrid vehicles.

Stellantis said it would also invest roughly $97.6 million in a Warren truck assembly plant to develop an electrified Jeep Wagoneer, one of four Jeep EVs that will be launched globally before the ...

In the union contract, which runs through April of 2028, the company agreed to invest $1.4 billion at the Sterling Heights plant. Stellantis also said it will sink about $97.6 million into the ...

Stellantis, parent company of Dodge and other brands, revealed it would invest more than $406 million in three facilities in Michigan to develop a platform that can be shared for both electric and ...

DETROIT -- Jeep and Ram maker Stellantis will spend $406 million retooling three Michigan factories so they can build electric vehicles or battery parts to support a strategy of making vehicles ...

DETROIT (AP) — Jeep and Ram maker Stellantis will spend $406 million retooling three Michigan factories so they can build electric vehicles or battery parts to support a strategy of making ...

Stellantis in 2022 set targets for 100% of sales in Europe and 50% in the U.S. to come from battery electric vehicles by the end of the decade as the car maker planned to have more than 75 EVs and ...

DETROIT -- Jeep and Ram maker Stellantis will spend $406 million retooling three Michigan factories so they can build electric vehicles or battery parts to support a strategy of making vehicles ...

Michigan Stellantis to invest $406 million at 3 Michigan factories, a step toward meeting commitments in UAW contract. AP. 09-11-2024 at 10:38:08 AM EDT | Updated . 09-11-2024 at 10:38:15 AM EDT.

Stellantis plans to invest over 50 billion euros ($55.23 billion) over the next decade, aiming for 100% battery electric vehicle sales in Europe and 50% in the U.S. by 2030.