In a move to create a more sustainable future, Stellantis recently announced its plan to invest $3.6 billion CAD to help progress the production of EVs in Canada. This aligns with the company’s long-term “Dare Forward 2030” plan as well as its previous $45 billion CAD investment in electrification and software on a global level.
“Today’s deal on made-in-Canada electric vehicles is yet another investment in our workers and in our future,” said Prime Minister Trudeau. “We’re building a world-class Canadian auto industry, an innovative economy and a clean, strong future for everyone. This is what a healthy environment and a healthy economy looks like.”
The money from Stellantis will go toward its Windsor and Brampton Assembly Plants in Ontario as well as the expansion of its Automotive Research and Development Centre (ARDC). Starting in 2023, the Windsor plant will move to support production of a new multi-energy vehicle (MEV). The Brampton plant is expected to undergo a complete transformation in 2024 to further support the company’s electrification plans.
Stellantis will be expanding the ARDC by adding the first Battery Lab in North America. There, the company will further develop BEV, PHEV, and HEV cells, modules, and battery packs. The 100,000-square-foot facility is expected to be complete by the end of 2023.
Our team at Downtown CDJR is always excited to learn about advancements in the industry. If you’re interested in learning more about future Jeep® EVs or all-electric vehicles from any of our brands, stop by and see us at 321 Front St E in Toronto, Ontario.