With large federal and provincial contributions, Stellantis announced major new multibillion\u002Ddollar investments in Windsor and Brampton.
In making the announcement Monday at the company’s Automotive Research and Development Centre in Windsor, Stellantis’s chief operating officer for North America Mark Stewart also confirmed that both plants would become three-shift operations once retooling is complete.
“Brampton is going to be transformed and fully modernized beginning in 2024. When production resumes in 2025, the plant is going to introduce all-new flexible architecture to support the company’s EV plans, including fully battery-electric vehicles.”Article content New platforms and a third shift will be coming to the Windsor Assembly Plant with Monday’s announcement of a $3.6-billion investment in two Stellantis manufacturing plants in Ontario. Mark Stewart, COO, North America for Stellantis, speaks at a press conference in Windsor on Monday.Stewart said Stellantis is forecasting 53 per cent of its new vehicle sales will be electric by 2030.
The federal government will contribute $529 million and Ontario up to $513 million of the $3.6 billion total.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Martin Pelletier: Two common mistakes that can cost investors in these volatile timesBeing self\u002Daware can help investors make informed decisions based on the facts, not just their own emotional tendencies
Read more »
Martin Pelletier: Two common mistakes that can cost investors in these volatile timesBeing self\u002Daware can help investors make informed decisions based on the facts, not just their own emotional tendencies
Read more »
Restaurants hope for playoff hockey boost after two years of COVID-19 restrictionsMany Canadian restaurants are preparing for patio season to drive up seating capacity as the NHL playoffs begin
Read more »
‘Recognition of Indigenous, queer youth vital’: Two-spirit musicians unite with Regina symphony - Regina | Globalnews.caThe Buffalo Girls performed at the mâmawêyatitân centre as part of Regina Symphony Orchestra's 2022 festival theme: LGBTQ2S+ Living Out Loud.
Read more »
Rahm closes with birdie to build two-shot lead in Mexico Open, Gligic 10 shots backJon Rahm birdied the last two par-5s and got some help from a couple of poor chips by Cameron Champ to take a two-shot lead into the final round of the Mexico Open.
Read more »
Two people rescued 50 hours after building collapses in central ChinaPolice have arrested nine people, including the building owner, on suspicion of causing a major liability accident, according to the official Xinhua News Agency
Read more »