Sept 11 (Reuters) - Stellantis ( STLA ) said on
Wednesday it would invest more than $406 million in three
facilities in Michigan to develop a platform that can be shared
for both electric and hybrid vehicles.
One of the facilities, the Sterling Heights Assembly Plant,
would become its first in the U.S. to build fully EVs, the
Chrysler-parent said.
The company said it will spend more to retool Warren Truck
Assembly Plant for making an electrified Jeep Wagoneer and raise
investment at Dundee Engine Plant for producing its recently
launched platform for cars, crossovers and SUV models.
It will spend more than 50 billion euros ($55.23 billion)
over the decade in its aim to reach 100% passenger car battery
electric vehicles sales (BEV) mix in Europe and 50% passenger
car and light-duty truck BEV sales in the U.S. by 2030.
($1 = 0.9053 euros)