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Silicon Flash > Blog > Business > Stellantis’ $13B U.S. Investment Plan Shifts Focus Away from EVs
Business

Stellantis’ $13B U.S. Investment Plan Shifts Focus Away from EVs

Published October 14, 2025 By Juwan Chacko
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Stellantis’ B U.S. Investment Plan Shifts Focus Away from EVs
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Stellantis, the global automotive company that holds brands like Chrysler, Jeep, and Ram, has announced a $13 billion investment in enhancing its manufacturing operations in the United States over the next four years. This strategic move is part of a larger revitalization plan spearheaded by its newly appointed CEO.

Five new vehicles are set to be developed and manufactured by 2029, with a focus on factories located in Illinois, Ohio, Michigan, and Indiana. This investment will also facilitate the production of a new four-cylinder engine and the reopening of the Belvidere Assembly Plant in Illinois, aimed at expanding the production of popular models like the Jeep Cherokee and Jeep Compass for the U.S. market. The initiative is expected to create over 5,000 new jobs.

In a departure from previous investment strategies centered around electrification, one of the upcoming vehicles will be a range-extended electric vehicle (EV) that combines a battery with a gas generator for extended range. Production of this innovative vehicle will commence at the Warren Truck Assembly Plant in Michigan in 2028. Additionally, plans are in place to manufacture a new large gas-powered SUV at the same facility.

The remaining additions to the lineup include a next-generation Dodge Durango slated for production at the Detroit Assembly Complex in 2029, a new midsize truck to be assembled at the Toledo Assembly Complex in Ohio, and an all-new four-cylinder engine known as the GMET4 EVO, scheduled to begin production in 2026 at the Kokomo, Indiana factory.


Image credits: Stellantis

Antonio Filosa, CEO of Stellantis and North America COO, expressed that this investment will be instrumental in driving the company’s growth, solidifying its manufacturing presence, and creating more job opportunities in the United States. He emphasized the importance of accelerating growth in the U.S. as a key priority that benefits not only Stellantis locally but strengthens the company globally.

See also  Veritree Secures $6.5M Funding and Commitments to Plant 100 Million Trees Worldwide

Despite scaling back on electrification plans for the U.S. market in recent months, Stellantis remains committed to innovation. While certain electrified models have been removed from the pipeline, such as the electrified Gladiator and a battery-electric full-size pickup, the company continues to pursue the production of an extended-range Ram 1500 REV (formerly known as the Ramcharger).

TAGGED: 13B, EVs, focus, Investment, plan, Shifts, Stellantis, U.S
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