Stellantis to Invest $155 Million in Three Indiana Plants

March 3, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--Stellantis (NYSE:STLA) (Amsterdam, Netherlands) said Tuesday it plans to invest $155 million in three of its Indiana plants in order to localize production of electric vehicle (EV) components and manufacture electric drive modules (EDM). The investments will support the automaker's goal of 50% EV sales in the U.S. by 2030. Industrial Info is tracking information on the plants as well as projects attributed to the company.