Stellantis Invests $155 Million to Build Modules for EVs Like the 2025 Ram 1500 REV
The investments will go to three plants in Kokomo to support the assembly of large BEVS like the planned 2025 Ram REV pickup.
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The investments will go to three plants in Kokomo to support the assembly of large BEVS like the planned 2025 Ram REV pickup.
/PRNewswire/ -- Company to localize production of new electric drive module (EDM) in Kokomo EDM provides all-in-one solution for electric-vehicle powertrains,...
The electric drive modules will support the STLA Large and STLA Frame platforms that will underpin electric Jeep SUVs, Dodge cars and the Ram 1500 REV.
Stellantis announced today that it will invest a total of $155 million in three Kokomo, Ind., plants to produce new electric drive modules.
Stellantis, which is also co-creating a $2.5 billion EV battery manufacturing facility in Kokomo, says the new investment will help retain 265 jobs across three facilities in the city.