Stellantis Bets $13B on U.S. Comeback, But Scales Back EV Push

[cryptobro]

Automaker Stellantis is committing $13 billion over the next four years to boost U.S. manufacturing, as part of a revival plan from new CEO Antonio Filosa. The investment will support five new vehicles, a new four-cylinder engine, and more than 5,000 jobs across Illinois, Ohio, Michigan, and Indiana.

Highlights of the plan include:

A range-extended EV (battery + gas generator) produced at the Warren Truck Assembly Plant in 2028.

A new gas-powered SUV from the same Michigan facility.

A next-generation Dodge Durango in 2029 at Detroit Assembly Complex.

A new midsize truck from Toledo Assembly Complex in Ohio.

The all-new GMET4 EVO engine, entering production in Indiana in 2026.

The plan notably does not prioritize electrification, marking a shift from Stellantis’ earlier EV-heavy strategy. In recent months, the company scrapped plans for an electric Jeep Gladiator and a full-size battery-electric pickup, though it still intends to build the extended-range Ram 1500 REV (Ramcharger).

Filosa said the investment will “drive growth, strengthen Stellantis’ U.S. footprint, and bring more American jobs to the states we call home.”

[kelson10]

Stellantis balancing U.S. expansion with cautious EV strategy reflects current market realities.

[Nahid10]

Their focus shift shows how automakers are adapting to evolving demand and infrastructure limits.