EVs take a backseat in Stellantis’ $13B U.S. investment plan

Stellantis, the planetary automaker that owns Chrysler, Jeep, and Ram, said it volition put $13 cardinal to beef up its U.S. manufacturing implicit the adjacent 4 years arsenic portion of a broader revival program directed by its caller CEO.

Five caller vehicles volition beryllium developed and produced done 2029 arsenic portion of the concern into factories successful Illinois, Ohio, Michigan, and Indiana. The concern volition besides enactment the accumulation of a caller four-cylinder motor and reopen the Belvidere Assembly Plant successful Illinois, which volition let the automaker to grow accumulation of the Jeep Cherokee and Jeep Compass for the U.S. market. In all, much than 5,000 jobs volition beryllium created.

Unlike erstwhile multi-billion-dollar concern pledges, however, this 1 doesn’t absorption connected electrification.

One of the 5 caller vehicles volition beryllium a range-extended EV — a conveyance that combines a artillery with a state generator for further scope — produced astatine the Warren Truck Assembly Plant successful Michigan opening successful 2028. The automaker besides plans to nutrient a ample new, gas-powered SUV astatine the Warren plant.

The remaining products see a next-generation Dodge Durango that volition beryllium produced astatine the Detroit Assembly Complex successful 2029, a caller midsize motortruck that volition beryllium assembled astatine its Toledo Assembly Complex successful Ohio, and an all-new four-cylinder motor called the GMET4 EVO that volition spell into accumulation opening successful 2026 astatine its Kokomo, Indiana, factory.

Image credits: Stellantis

Stellantis CEO and North America COO Antonio Filosa said the concern volition thrust the automaker’s growth, fortify its manufacturing footprint, and bring and “bring much American jobs to the states we telephone home.”

“Accelerating maturation successful the U.S. has been a apical precedence since my archetypal day. Success successful America is not conscionable bully for Stellantis successful the U.S. — it makes america stronger everywhere,” Filosa said successful a statement.

Stellantis has scaled backmost its electrification plans for the U.S. marketplace successful the past year. The automaker said successful September it would nary longer see an electrified Gladiator successful its Jeep lineup arsenic it reassessed its merchandise strategy. Earlier that month, the automaker said it canceled plans to nutrient a battery-electric full-size pickup. However, Stellantis said it inactive planned to nutrient an extended-range Ram 1500 REV, formerly called the Ramcharger.