Stellantis Shifts Gears With $13B U.S. Plan

EVs take a backseat in Stellantis’ $13B US investment plan focusing on gas models, jobs, and factory revamps.
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Stellantis Shifts Gears With $13B U.S. Plan
EVs Take A Backseat In Stellantis’ $13B US Investment Plan Stellantis is steering away from a full-electric future—at least for now. EVs take a backseat in Stellantis’ $13B US investment plan , as the automaker prioritizes gas-powered vehicles and hybrid innovations over a complete EV lineup. The move comes as part of a four-year strategy to strengthen its U.S. manufacturing footprint and revive production in key Midwestern states. Image Credits:Stellantis/Jeep Stellantis’ $13B Plan: A Bold Manufacturing Comeback Under the leadership of its new CEO, Stellantis will inject $13 billion into U.S. factories located in Illinois, Ohio, Michigan, and Indiana. The investment aims to support the development of five new vehicles by 2029 , reopen the long-idled Belvidere Assembly Plant in Illinois, and create over 5,000 new jobs . This initiative represents more than just financial growth — it signals a strategic pivot back to the company’s roots in American auto manufacturing. Gas Models Take the Lead a…