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Stellantis (STLA) to invest $155m in three Indiana plants
February 28, 2023 2:08 PM ESTStellantis (NYSE: STLA) announced Tuesday that the automaker will be investing a total of $155 million in three Kokomo, Indiana, plants to produce new electric drive modules (EDM) that will help power future electric vehicles assembled in North America. The move also pushed the company one step closer towards its goal of 50% battery electric sales in the U.S. by 2030.
Investments will be made at the Indiana Transmission, Kokomo Transmission and Kokomo Casting Plants. The gearbox cover will be cast at Kokomo Casting and... More
