By Caribbean News Global WINDSOR / BRAMPTON - Prime Minister, Justin Trudeau, joined by the premier of Ontario, Doug Ford, announced a new federal investmen
Stellantis NV is to invest C$3.6 billion (US$2.8 billion) to retool two Canadian assembly plants to build electric vehicles (EVs), more than doubling an earlier commitment made during union negotiations.
Stellantis, formed from the merger of Fiat Chrysler Automobiles NV and PSA Group last year, is to add a new vehicle platform that can be used to make electric vehicles at its plants in Windsor and Brampton, Ontario, the company said in a statement on Monday.
The investments will restore employment at the two plants, which have suffered reductions in recent years.
“These investments reaffirm our long-term commitment to Canada and represent
Stellantis is announcing major investments in electric vehicle manufacturing, including retooling the Windsor Assembly Plant and building two new research and development centres.