Stellantis Invests $406 Million in Michigan for EV Production

Investments support Stellantis’ multi-energy technology and manufacturing flexibility to leverage its competitive advantages across a wide variety of electrification adoption scenarios.

Amsterdam, Netherland - Stellantis N.V., automotive manufacturing company has announced it is investing more than $406 million (Rs 3,382 crore) in three Michigan facilities to support its multi-energy strategy and confirmed that the Sterling Heights Assembly Plant (SHAP) will be the Company’s first U.S. plant to build a fully electric vehicle.

The Ram 1500 REV, the Company’s first battery-electric light-duty pickup truck launching in late 2024, and the range-extended all-new 2025 Ram 1500 Ramcharger will be built alongside internal combustion engine (ICE) models in Sterling Heights. Additional investments will be made to retool the Warren Truck Assembly Plant for production of a future electrified Jeep Wagoneer, and the Dundee Engine Plant for battery tray production and beam machining for the STLA Frame and STLA Large batteries.

Mr. Carlos Tavares, CEO, Stellantis, said, “Sterling Heights Assembly has performed an incredible transformation in record time and I want to thank our colleagues for this great achievement. Gearing up to build our first-ever Ram electric truck and the range-extended version in Michigan is a meaningful moment of pride for our teams. With these investments supporting both Jeep and Ram, we’re adding innovations to our Michigan manufacturing footprint to support a multi-energy approach that is laser-focused on customer demand.”

With an investment of $235.5 million, SHAP will produce the Company’s first-ever battery electric 2025 Ram 1500 REV light-duty truck. The Ram 1500 REV was unveiled at the 2023 New York Auto Show and will launch in late 2024. The plant will also build the all-new range-extended 2025 Ram 1500 Ram charger.

The Ram 1500 REV is built on the new STLA Frame architecture, specifically designed for full-size electric vehicles featuring a body-on-frame design, with an all-new high-strength steel frame comprised of advanced materials to be lightweight, yet stiff and durable. The STLA Frame is wider in the middle to efficiently incorporate the battery pack while still utilizing protection afforded by the frame rails. The REV will reach up to 500 miles of range with the optional 229 kilowatt-hour battery pack and up to 350 miles with the 168 kilowatt-hour battery pack.

The 2025 Ram 1500 Ramcharger offers 663 horsepower, 615 lb.-ft of torque, 4-second 0-60 mph, 14,000 lbs. of towing and zero need for a public charger. It features a 92 kilowatt-hour (kWh) battery pack, paired with an on-board 130 kW generator, sending power to 250-kilowatt (kW) front and 238 kW rear electric drive modules (EDMs). Vehicle-to-vehicle and vehicle-to-home bi-directional charging affords the Ram 1500 Ramcharger the flexibility to charge another Stellantis battery-electric vehicle or provide power back to the grid.

Dare Forward 2030

Stellantis is investing more than €50 billion (Rs 439,400 crore) over the decade in electrification to deliver on the targets of reaching a 100% passenger car BEV sales mix in Europe and 50% passenger car and light-duty truck BEV sales mix in the United States by 2030. To achieve these sales targets, the Company is securing approximately 400 GWh of battery capacity, including support from battery manufacturing plants in North America and Europe. Stellantis is on track to become a carbon net zero corporation by 2038, all scopes included, with single-digit percentage compensation of remaining emissions.