Stellantis To Invest $200 Million Into Its Saltillo Van Assembly Plant

It appears that Stellantis is investing $200 million in its Saltillo Van Assembly Plant in Mexico to produce the new 2024 Ram ProMaster battery-electric van (BEV). The all-electric full-size van is expected to launch by the end of the year. Ram CEO, Mike Koval, Jr. made the announcement during the Chicago Auto Show to The Detroit News.

The Ram ProMaster is already a popular vehicle for commercial operations, and the addition of an all-electric model is welcomed by companies such as Amazon and FedEx. It will be interesting to see how these electrified models will perform in the market and if they will meet the needs of both commercial and consumer customers.

It’s interesting to know that Amazon has shown interest in purchasing “thousands” of ProMaster units as part of their agreement to work together with Stellantis on launching vehicles with Amazon’s software. The $200 million investment in the Saltillo Van Assembly Plant to produce the Ram ProMaster BEV is a significant commitment from Stellantis towards electrification and its production of EVs in North America. The investment will likely create jobs and have a positive impact on the local economy. 

“The demand for that large van continues to be white-hot, both at retail, but also as well as in our fleet and our small business channels,” Koval said. “I have so many orders in excessive of my capacity right now that I can’t fulfill. I’m looking forward to a time when I can better meet that demand, and then, of course, help our dealers in the U.S. build up a little bit of stock.”

We expect to see a finalized version of the Ram ProMaster BEV later this spring.