Stellantis to Idle its Illinois Assembly Plant Indefinitely, Citing the High Costs of Electric Vehicles

Automaker Stellantis, which is the parent company of the Chrysler Jeep, Dodge and Ram, announced on Friday it will stop production at its assembly plant in Belvidere, Illinois on February 28, 2023. The automaker has no formal plans to reopen the 5 million square foot factory and cited the rising costs of its shift to electric vehicles as the reason for the unexpected closure. Early this year, Stellantis announced plans to transform Chrysler into an electric-only brand by 2028.

FutureCar Staff 2022-12-09 14:00 PT

Stellantis Acquires Autonomous Driving Software Startup aiMotive

Stellantis, the parent company of the Jeep and Chrysler brands, is acquiring autonomous driving software startup aiMotive as the automaker looks to expand the autonomous driving and connectivity capabilities of its future vehicles. aiMotive is Budapest, Hungary-based developer of advanced artificial intelligence (AI) and autonomous driving software technology.

Eric Walz2022-11-17 10:40 PT

Toyota and Stellantis to Partner on a Large Commercial Van for the European Market, Including an All-Electric Version

Automaker Stellantis is partnering with Toyota Motor Europe on a new large-size commercial van, which will also be offered in a fully-electric version. The new vehicle will round out the lineup of vans produced as part of the agreement between the two automakers, which also includes a compact, mid-size commercial vehicle for the European market.

FutureCar Staff 2022-07-07 10:30 PT

Stellantis and Samsung SDI to Invest up to $3 Billion to Build a EV Battery Factory in Indiana

Automaker Stellantis and Samsung SDI announced on Tuesday that they have executed binding, definitive agreements to establish an electric-vehicle battery manufacturing facility in Kokomo, Indiana, U.S. The joint venture battery factory will include an investment of over $2.5 billion and create 1,400 new jobs in Kokomo and the surrounding region, according to Stellantis.

FutureCar Staff 2022-07-01 10:00 PT

Chrysler Parent Stellantis is Making a US$2.8 Billion Investment in its Canadian Operations to Accelerate the Production of Electric Vehicles

Automaker Stellantis is investing $3.6 billion CAD (US$2.8 billion) in its Canadian operations to accelerate the company’s transition to a sustainable future. The latest investment will also support the automaker’s long-term electrification strategy, which includes a previously announced $45 billion CAD (US$35 billion) investment through 2025 for electrifying its model lineup and building software-defined vehicles.

Eric Walz2022-06-08 12:25 PT

Stellantis to Partner With Qualcomm on a Software-based Vehicle Architecture for its Future Models

Automaker Stellantis is teaming up with Qualcomm Technologies to add high-performance compute power to millions of vehicles in the latest partnership between an automaker and a technology company. The two companies signed a multi-year technology collaboration agreement that will utilize the latest Qualcomm’s Snapdragon “Digital Chassis” platform to deliver intelligent, customizable and immersive in-vehicle experiences to Stellantis vehicles.

Eric Walz2022-05-21 12:45 PT

Stellantis, LG Energy Solution To Invest $4.1 Billion Into Battery Plant in Canada

Construction of the plant in Windsor, Ontario is expected to become operational in the first quarter of 2024 and is reportedly the first large-scale EV battery manufacturing plant in Canada.

Vineeth Joel Patel2022-05-10 07:00 PT

Chrysler’s Electric Plans Include Three SUVs, Electric Minivan

Hot on the heels of announcing that Chrysler will lead the electrification charge for Stellantis, Chrysler’s CEO has provided some more information on upcoming electric vehicles from the brand.

Vineeth Joel Patel2022-02-22 14:00 PT

Stellantis to Turn Chrysler Into All-Electric Brand by 2028

The once iconic automaker will be switching gears to being an all-electric brand within a matter of a few years and has a new concept to preview what’s in store.

Vineeth Joel Patel2022-02-14 07:15 PT

Stellantis CEO Claims Electrifications Costs Are “Beyond The Limits”

The CEO went on to say that the external pressure on automakers to switch to electric cars could threaten jobs and affect vehicle quality.

Vineeth Joel Patel2022-01-11 06:40 PT

Stellantis's 4 New EV Platforms Will Each Support the Production of 2 Million Vehicles Per Year

The four new EV platforms first unveiled by automaker Stellantis in July are expected to each underpin the production of 2 million vehicles a year, the company's Chief Executive Carlos Tavares said on Wednesday. Stellantis aims to make the total cost of owning an electric vehicle equal to that of a gasoline-powered model by 2026.

Eric Walz2021-12-03 09:00 PT

Stellantis, LG Partner For EV Battery Plant for North American Cars

The joint venture will see the two companies produce electric vehicle batteries for Stellantis’ vehicles that will be sold in the U.S., Canada, and Mexico.

Vineeth Joel Patel2021-11-30 06:45 PT

Automaker Stellantis Announces its Bold EV Plans, Will Invest $35 Billion to Electrify its Global Vehicle Lineup

​Stellantis, which is now the world’s fourth biggest automaker, said on Thursday it plans to invest more than 30 billion Euros ($35.5 billion) through 2025 on electrifying its vehicle lineup. The company is following Volkswagen, General Motors, Volvo and other global automakers that are investing billions to develop new electric vehicles.

Eric Walz2021-08-14 10:00 PT