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Reading: Stellantis invests in EV production, causing the Jeep plant to close
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EV-a2z > News > Stellantis invests in EV production, causing the Jeep plant to close
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Stellantis invests in EV production, causing the Jeep plant to close

EV-a2zs
Last updated: 2023/03/18 at 4:08 PM
EV-a2zs Published March 2, 2023 3 Min Read
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Jeep Avenger full-electric SUV car showcased at the Paris Motor Show, France - October 17, 2022.
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Belvidere Assembly, which opened its doors in 1965, manufactured vehicles such as the Plymouth Fury, Dodge Neon, and Jeep Compass. Since 2017, it has been producing the Jeep Cherokee.

Contents
Stellantis gives $50,000 retirement incentivesInvestment in Indiana

The UAW slammed the company on Tuesday, declaring that the decision “will not stand.”

Stellantis’ ill-advised decision will have negative repercussions throughout the region and supplier network, It will disrupt lives, uproot families, and leave communities struggling to find economic drivers to pay for schools, roads, and other services

Ray Curry, President of UAW stated Stellantis decision making

Over a thousand automotive workers in Illinois will clock out of a Jeep assembly plant for the last time Tuesday, stopping what a local union president described as the "heartbeat" of the small city. https://t.co/UKuRpmbszK

— ABC News (@ABC) February 28, 2023

Stellantis gives $50,000 retirement incentives

The UAW Local 1268 announced on Facebook on Monday that the union and Stellantis had reached an agreement to provide $50,000 retirement incentives to all qualified plant employees. 

Employees who become retirement-eligible within two years will be offered a “grow-in” to retirement.

Local 1268 also announced an expanded voluntary termination of employment program.

We have immediately addressed the concerns of the 2,300 affected employees by negotiating with the company on retirement packages, voluntary termination, as well as pre-retirement leaves to allow employees to grow into their retirement, We are also working with interested members on the relocation process

Rich Boyer, Vice President of UAW stated on employement termination

The UAW, whose four-year deals with each of the Detroit three expire in September, has stated that it will continue to ask that Stellantis designate a product to the Belvidere plant, located about 70 miles northwest of Chicago.

This pattern of starving facilities of a product creates uncertainty for UAW members and raises questions about Stellantis’ commitment to the U.S.

Union stated on Stellantis’ commitement

The future of @Stellantis' Belvidere Assembly Plant in Illinois is in limbo. The #Jeep Cherokee plant is being idled this week and workers now have to figure out their next moves.https://t.co/J3nmyJlliB

— Vince Bond Jr. (@VinceBond86) February 27, 2023

Investment in Indiana

Tavares spoke to reporters hours after Stelliantis announced plans to invest $155 million in three Indiana plants to manufacture new electric drive modules for North American-assembled electric vehicles.

The Indiana Transmission, Kokomo Transmission, and Kokomo Casting plants will receive investments. Stellantis stated that over 265 jobs would be kept at the three plants.

The modules will be incorporated into vehicles on the STLA Large and STLA Frame platforms, two of Stellantis’ four electrified vehicle platforms.

Stellantis claims that the electric motor, power electronics, and transmission have been combined into a single module to provide performance improvements and range at a competitive price. 

The new EDM will support each platform in acquiring a 500-mile driving range.

The gearbox cover will be cast at Kokomo Casting and machined at Kokomo Transmission, according to Stellantis. The Indiana Transmission Plant will handle gear machining and final assembly.

Following retooling, production is expected to begin in the third quarter of 2024.

Stellantis has stated that it intends to launch more than 25 EVs in the United States by 2030.

The 2023 @Jeep® #Compass offers a variety of interior appointments and advanced safety and next-generation technology, including a 10.1-inch infotainment center display, drowsy driver detection, rear seat reminder alert and security alarm, now standard on all trims. #Jeep pic.twitter.com/EwZIpkMh2K

— Stellantis North America (@StellantisNA) February 26, 2023

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TAGGED: Electric Vehicle, EV, Jeep, Stellantis, USA
EV-a2zs March 18, 2023 March 18, 2023
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