nygazet.com logo

EVs take a backseat in Stellantis' $13B US investment plan

EVs take a backseat in Stellantis' $13B US investment plan
business10/14/2025

Five new vehicles and a four-cylinder engine will be developed and produced through 2029 as part of investment into factories in Illinois, Ohio, Michigan, and Indiana.

Stellantis, the international automaker that owns Chrysler, Jeep, and Ram, said it will invest $13 billion to beef up its U.S. manufacturing over the next four years as part of a broader revival plan directed by its new CEO. Five new vehicles will be... [1570 chars]