Stellantis cars are some of the best new options for buyers. However, the automotive giant has struggled quite a bit this year. There have been several car recalls, layoffs, and discussions of cutting brands. Now, Stellantis is forking over a large sum of cash to commit to all-electric cars. Of course, more people are starting to trust EVs, but it’s a bit of a risk for a company with so many issues.

Stellantis is taking a massive gamble with the future of its cars

Many cars fall under the Stellantis umbrella. Some of the most popular are Dodge, Jeep, and Ram. However, even these automakers have been plagued with car recalls and declining sales. Clearly, Stellantis hopes that investing more in an electrified future will solve its problems. 

According to The Verge, Stellantis plans to invest around $400 million into some of the plants that make its most popular vehicles. Specifically, the money will go to three manufacturing plants to retool them to produce all-electric cars. Naturally, the three Michigan plants will also be home to production for gas-powered vehicles. 

The report says that the majority of the cash will go to the Sterling Heights Assembly Plant, where the new Ram 1500 EV will be built. Notably, this model has a gas-powered range extender. Some of the funding will go to the Warren Truck Assembly Plant, where the Jeep Wagoneer EV will be built. The Dundee Engine Plant is also getting some love, as it will receive a part of the $400 million. 

Regarding Stellantis cars, the company had a downturn in profits of about 48 percent from last year. However, there is a chance this EV investment will pay off for the automaker. Notably, the Jeep Wrangler 4xe has seen strong sales, so it seems the interest in more efficient cars from Stellantis is present. However, the 4xe is a hybrid and not an all-electric car.