Stellantis, one of the world's leading automakers, has made a massive investment in three Indiana-based facilities to achieve 50% of sales in the United States through battery electric vehicles by 2030. The automaker plans to invest $155 million to produce new electric drive modules (EDMs) to power electric cars in North America.
The Kokomo-based manufacturing facilities will play a vital role in the production of EDMs. These EDMs will power electric vehicles that will be assembled in North America, providing a complete solution for electric propulsion consisting of three main components: electric motor, power electronics, and transmission, enclosed in a single module. The new optimized EDM will allow each platform to achieve up to 500 miles of range, offering better performance and range at competitive costs.
Stellantis has ambitious plans to launch more than 25 battery electric vehicles in the United States by 2030. The EDMs manufactured in Kokomo will be integrated into cars based on the STLA Large and STLA Frame platforms. The investment will concern the Indiana Transmission, Kokomo Transmission, and Kokomo Casting plants, creating new jobs and maintaining over 265 positions in the three facilities.
By combining the benefits of EDM with new BEV platforms and innovative batteries, Stellantis plans to offer its customers a variety of electric vehicles with unmatched performance and range at more affordable prices. With this investment, the automaker is making a significant step in decarbonizing its operations in North America and setting up building blocks to support a transition to a greener future.