Investments in infrastructure for the production of electric cars are indeed rife by several global manufacturers today. Most recently, there is Stellantis NV which will increase production of electric vehicles at the Windsor and Brampton factories.
Stellantis NV has also prepared funds of up to C$ 3.6 billion or the equivalent of US$ 2.8 billion with funds from the government. The Canadian government will spend up to C$529 million and the Ontario government up to C$513 million to support the automaker.
“Both factories will add jobs,” Stellantis Chief Operating Officer Mark Stewart was quoted as saying by Reuters, Tuesday (3/5).
It said the investment was part of a previously announced plan to put a total of up to $35 billion into EV production and software globally by 2025.
Stellantis said the latest investment would allow it to add more than 650 engineering jobs at the Windsor-based research and development center. This new job will be in addition to the 2,500 jobs that will be created at the battery plant of the Stellantis-LG Energy Solution joint venture.
Meanwhile, Stellantis has said it has taken significant steps in its battery production plans in Europe and North America to help meet demand for electric vehicles that rose in March.
