Stellantis Invests More Than $406M In Three Michigan Facilities To Execute Multi-Energy Strategy
Portfolio Pulse from Benzinga Newsdesk
Stellantis is investing over $406 million in three Michigan facilities to support its multi-energy strategy, with the Sterling Heights Assembly Plant set to be the first U.S. plant to build a fully electric vehicle.
September 11, 2024 | 12:10 pm
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Stellantis is investing over $406 million in Michigan facilities to enhance its multi-energy strategy, marking a significant step towards electric vehicle production in the U.S.
The investment in Michigan facilities and the focus on electric vehicle production align with Stellantis's strategic goals, likely boosting investor confidence and positively impacting the stock price in the short term.
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