Stellantis announces $3.6 billion cad investment for its canadian operations to accelerate electrification plans, secures future of windsor and brampton plants
Windsor, ontario , may 2, 2022 /prnewswire/ -- announcement supports company's long-term strategy to invest $45 billion cad in electrification and software globally represents transformation in canadian operations to achieve electrified future brings company's total investment in canada to $8.6 billion cad, including recently announced stellantis-lg energy solutions ev battery plant windsor assembly to add all-new, flexible multi-energy vehicle architecture in addition to current product portfolio brampton assembly to introduce all-new, flexible architecture and build at least one all-new electric model assembly plants expected to return to three-shift operations ardc to house first stellantis battery lab in north america, expand expertise in product development engineering to support growth in electrification announcement doubles canadian investment outlined in 2020 unifor collective bargaining agreement stellantis today announced plans to invest $3.6 billion cad ($2.8 billion usd) to secure the future of its windsor and brampton (ontario) assembly plants and to expand its automotive research and development centre (ardc) to accelerate the company's move to a sustainable future. this announcement also supports the company's long-term electrification strategy to invest $45 billion cad ($35 billion usd) through 2025 in electrification and software globally.
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