TechCrunch|1 minute read
Stellantis Shifts Gears: $13B US Investment Plan Prioritizes Trucks Over EVs
TL;DR
Stellantis has announced a massive $13 billion investment plan in the US, primarily focusing on enhancing its truck lineup, including Jeep, Dodge, and Ram brands. This shift in strategy places electric vehicles (EVs) on the backburner, raising eyebrows in the industry.
Key highlights include:
- Investment aimed at boosting truck production.
- EVs take a secondary role in Stellantis' future plans.
- New midsize truck assembly in Toledo as part of a nearly $400 million investment.
- Strategic moves to adapt to changing consumer preferences.
Here's the full scoop.