Stellantis to invest USD2.8 billion in Canada under its long-term electrification strategy

News
Investments

Stellantis aims to make Canada-based ARDC its first battery lab in North America and plans to establish a similar center in Turin, Italy

Italian – American carmaker Stellantis plans to invest CAD3.6 billion (USD2.8 billion) on its Windsor and Brampton based vehicle assembly plants along with expanding its Automotive Research and Development Centre (ARDC) in Canada as part of its long-term electrification strategy, the company announced on 2 May 2022.

Thank you for visiting S&P Global AutoTechInsight.

*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload preload