Stellantis has announced plans to invest $385 million USD in its plant in the province of Córdoba, Argentina, between 2025 and 2030.
According to reports, this investment is part of Stellantis’ bigger plan to invest $6.22 billion in South America during the same period and will be used to build a new line of vehicles, new components, and manufacture a new engine.
The report further mentions that the company plans to launch two vehicles later this year that can run on 100% ethanol or gasoline alongside batteries and launch its first hybrid-flex vehicles in Brazil.
