Stellantis Takes A $229-Million Step Towards Electric Revolution
Stellantis is a massive conglomerate with its fingers in many pies, one of which is the Lancia brand. Just ...
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Stellantis is a massive conglomerate with its fingers in many pies, one of which is the Lancia brand. Just ...
The investment, which the transatlantic automaker said would retain 662 jobs, will fund the retooling of the three plants to produce electrified eight-speed transmissions.
Stellantis will invest a total of $229 million in three of its Kokomo, Indiana, plants to help the company reach its goal of achieving 40% low-emission vehicle sales in the US by 2030. This announcement, which will retain 662 jobs, comes three months after the company laid out its long-term...
October 7, 2021 , KOKOMO, Indiana - Stellantis today announced it would invest a total of $229 million in three of its Kokomo, Indiana, plants to help the company reach its goal of achieving 40% low-emission vehicle sales in the U.S. by 2030. This announcement, which will retain 662 jobs, comes three months after the company laid out its long-term electrification strategy, where it committed to investing $35 billion through 2025 in electrification and software.
Stellantis said the project would help retain about 660 jobs.