Stellantis Announces C$3.6 Billion Investment for Canadian Operations to Accelerate Electrification Plans and Future-Proof Windsor and Brampton Plants

WINDSOR, Ontario, May 2, 2022 /PRNewswire/ —

  • Announcement supports company’s long-term investment strategy $45 billion CAD in electrification and software globally
  • Represents the transformation of Canadian operations to achieve an electrified future
  • Brings the company’s total investment in Canada for $8.6 billion CAD, including recently announced Stellantis-LG Energy Solutions electric vehicle battery plant
  • Windsor Assembly will add an all-new flexible multi-energy vehicle architecture on top of the current product portfolio
  • Brampton Assembly will introduce an all-new flexible architecture and build at least one all-new electric model
  • Assembly plants should return to three-shift operations
  • The ARDC will house the first Stellantis battery laboratory in North Americaexpand product development engineering expertise to support electrification growth
  • Announcement doubles Canadian investment outlined in Unifor 2020 collective agreement

Stellantis today announced its intention to invest $3.6 billion CAD (US$2.8 billion) to ensure the future of its Windsor and Brampton (Ontario) assembly plants and expand its Automotive Research and Development Center (ARDC) to accelerate the company’s transition to a sustainable future. This announcement also supports the company’s long-term electrification strategy to invest $45 billion CAD (35 billion US dollars) through 2025 in electrification and software globally.

COO of Stellantis North America Mark Stuartalongside the Prime Minister Justin Trudeaumade the announcement at an event at the ARDC, which was also attended by Ontario First Doug Ford; Minister of Innovation, Science and Industry François-Philip Champagne; Ontario Minister of Economic Development Vic Fedeli; and Unifor Assistant to the National President Shane Warckas well as other elected officials and community leaders.

“These investments reaffirm our long-term commitment to Canada and represent an important step as we move towards zero-emission vehicles that meet our customers’ desire for innovative, clean, safe and affordable mobility,” said Stewart. “We are grateful to the federal and provincial governments for their shared vision. to create a sustainable future. And, to Unifor and our staff for their support in helping to ensure the sustainability of our Canadian operations for the long term. »

Today’s announcement increases the company’s overall investment in Ontario for $8.6 billion CAD when combined with Stellantis-LG Energy Solution joint venture battery plant, which will create 2,500 new jobs in the province. It also doubles the investment commitment of $1.5 billion CAD made during the 2020 contract negotiations.

“Today’s offer on the made-in-Canada electric vehicles are another investment in our workers and in our future,” said Prime Minister Trudeau. “We are building a world-class Canadian auto industry, an innovative economy and a clean, strong future for all. This is what a healthy environment and a healthy economy look like. »

“Today is another example that our building plan Ontario delivers huge gains for workers and communities across the province,” said Ontario First Doug Ford. “Ontario has everything you need North America automotive manufacturing powerhouse once again. Where other governments have stood idly by and watched jobs flee this province, we are taking action and ensuring the cars of the future are built in Ontario by Ontario workers.”

Investments in facilities

the Windsor Assembly Plant will be transformed to support the production of a new Multi-Energy Vehicle (MEV) architecture that will provide Battery Electric (BEV) capability for several models. The plant will have maximum flexibility to adjust production volumes as needed to meet changing market demand over the next decade. Retooling is expected to begin in 2023.

the Brampton Assembly Plant will be re-equipped and fully modernized from 2024. When production resumes in 2025, the plant will introduce an all-new flexible architecture to support the company’s electrification plans.

With this announcement, the two Ontario assembly plants should return to three-shift operations to support demand for these new products. The company will announce the product allocation at a later date.

the WindsorNew York-based ARDC will expand its talent pool by adding more than 650 highly skilled engineering jobs in various fields to support Stellantis’ growth in electrification. It will expand North American capabilities related to the transition to electric vehicles with a focus on core technology areas: electrified propulsion systems, including batteries, power electronics, electrical machinery, controls motors, energy management and integrated software.

the ARDC will also become the first battery laboratory in North Americafollowing the company’s announcement to establish a similar center in Torino, Italy. The Battery Lab will be a state-of-the-art technology center for the development and validation of advanced BEV, PHEV and HEV cells, modules and batteries. This in-house capability will rapidly accelerate the peak performance of Stellantis electric vehicles. The new 100,000 square foot facility will be added to the existing building and is expected to be completed by the end of 2023.

In March, Stellantis and LG Energy Solution announced a joint venture to establish the country’s first large-scale electric vehicle battery manufacturing plant. Windsor to support the development of the company’s electric batteries. With an investment of $5 billion CAD (US$4.1 billion) and the creation of approximately 2,500 new jobs, the joint venture will produce advanced lithium-ion battery cells and modules to meet a significant portion of Stellantis’ vehicle production needs in North America.

Stellantis North America

Stellantis (NYSE: STLA) is one of the world’s leading automakers and mobility provider. In North America, it is best known for producing and selling vehicles in a portfolio of iconic and award-winning brands such as Jeep®, Chrysler, Dodge, Ram, Alfa Romeo and Fiat. Empowered by its diversity, Stellantis is leading the way for the region and the world – aspiring to become the largest sustainable mobility technology company, not the largest, while creating added value for all stakeholders as well as communities. in which it operates. For more information, visit www.stellantis.com.

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SOURCEStellantis

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