Stellantis and Trudeau invest $2.8 billion to increase Canadian electric vehicle production

- Advertisement -


Stellantis will spend $2.8 billion (CA$3.6 billion) to boost electric vehicle production at its two Canadian plants, the company said on Monday. Funding is part $35.5 billion Over the next year, Stellantis dedicated itself to electric vehicles and new software, aiming to phase out internal combustion engines and achieve zero carbon emissions by 2038.

- Advertisement -

Stellantis North America COO Mark Stewart, along with Canadian Prime Minister Justin Trudeau, announced a major overhaul of the Windsor and Brampton, Ontario facilities during an event at the automaker’s Automotive Research and Development Center in Windsor.

- Advertisement -

About a third of the new funds will come from the Government of Canada and the Government of Ontario, which plan to invest up to $410.7 million (CA$529 million) and $398 million (CA$513 million) respectively, together with Stellantis, indicating that Canada is seeking to support domestic electric vehicle production at a time when the advancement of climate change initiatives coincides with increasingly severe supply chain constraints.

“Today’s Canadian made electric vehicle deal is another investment in our workforce and in our future,” Prime Minister Trudeau said at the event. “We are building a world-class Canadian automotive industry, an innovative economy and a clean, strong future for all. This is what a healthy environment and a healthy economy looks like.”

- Advertisement -

The funding will add more than 650 engineering jobs at the Windsor Research and Development Center, Stellaantis said. The company also said the plant will create an additional 2,500 jobs. Stellantis-LG Energy Solution Battery Joint Venturewhich was announced in October last year. At the time, Stellantis only talked about its new plant being built in North America, but it’s now clear that the automaker is targeting Ontario.

Stellantis, which owns a range of car brands including Alfa Romeo, Fiat, Chrysler, Dodge, Jeep, Ram and Peugot, has yet to say which brands will be affected; however, it is likely that work on the Chrysler Pacifica Hybrid and other Chrysler electric vehicles, as well as some electrified Dodge vehicles, will continue.

The Windsor plant currently manufactures the Pacifica, as well as the Chrysler Voyager and Grand Caravan, the latter for the Canadian market only. AT CES this year, Stellantis said Chrysler, best known for its minivans and a family brand, will go all-electric by 2028. At the same time, the automaker unveiled its Airflow concept, an all-wheel drive electric SUV.

Meanwhile, the Brampton plant is home to production of the Chrysler 300, Dodge Challenger and Charger, all three of which are ending soon. Dodge has said it plans to release an electric muscle car. eMuscle, 2024.

The refit at Windsor is expected to begin in 2023 and the refit and upgrade at Brampton in 2024, with production at the latter resuming in 2025, complete with “an all-new flexible architecture to support the company’s electrification plans,” it said. companies. statement.

Stellantis said it will announce at a later date which brands will be affected by the new funds. Regardless, we can expect vehicles built at these plants to feature the automaker’s new software technology, based on which Stellantis has said it plans to produce $22.5 billion per year. All new Stellantis vehicles will be equipped with the automaker’s platforms by 2024, including “STLA Brain”, a cloud-based technology that allows software updates over the air; “SmartCockpit”, a platform built with Foxconn that provides applications such as navigation, voice assistant, e-commerce marketplace and payment services; and “AutoDrive”, co-developed with BMW to provide automated driving features.

For those who want a high-tech hit right now, this model year’s Pacificas can upgrade to get an Amazon Fire TV to stream or download shows and movies or get info from Alexa. a partnership that will cover millions of Stellantis vehicles by 2024..

Through its 14 brands, Stellantis currently sells 29 electrified models worldwide. By the end of the decade, the automaker hopes to reach 75 BEVs worldwide, 25 of which will target the US market. Stellantis recently unveiled its first all-electric SUV, the Jeep, which is expected to be released next year, as well as the new Ram 1500 BEV pickup, which is expected to be released in 2024.


Credit: techcrunch.com /

- Advertisement -

Stay on top - Get the daily news in your inbox

DMCA / Correction Notice

Recent Articles

Related Stories

Stay on top - Get the daily news in your inbox