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Stellantis, maker of Chryslers and Jeeps, and LG will spend $4 billion on a new battery factory in Ontario.

Stellantis and a companion, LG Vitality Answer, mentioned on Wednesday that they’d collectively construct a battery plant in Windsor, Ontario, to supply the important parts for a variety of electrical Jeeps and vehicles the automaker goals to introduce over the subsequent a number of years.

The 2 firms anticipate to take a position $4.1 billion within the manufacturing unit and create 2,500 jobs. Stellantis, which was fashioned final 12 months by means of a merger of Fiat Chrysler and the French automaker Peugeot, has lengthy operated a minivan plant in Windsor.

The brand new manufacturing unit is the newest in a collection of crops auto producers have mentioned they’ll construct in North America as they rush to provide electrical vehicles and vehicles and catch as much as Tesla, which dominates the fast-growing marketplace for electrics. Basic Motors expects a battery plant in Lordstown, Ohio, to begin manufacturing this summer time, and it’s constructing a second one in Tennessee. Ford Motor has introduced plans to construct two battery crops in Kentucky and a 3rd in Tennessee. Toyota has chosen North Carolina for a battery plant.

Stellantis mentioned this month that it aimed to introduce 25 electrical autos in america by 2030 and that it deliberate to construct at the very least two battery crops in North America. The brand new fashions embrace an electrical Jeep to be launched subsequent 12 months and an electrical Ram pickup truck in 2024.

“Our three way partnership with LG Vitality Answer is one more steppingstone to reaching our aggressive electrification highway map within the area, geared toward hitting 50 p.c of battery-electric car gross sales within the U.S. and Canada by the tip of the last decade,” Stellantis’s chief government, Carlos Tavares, mentioned in an announcement.

Ford is anticipated to begin producing an electrical model of its F-150 pickup in April. G.M. expects to begin making an electrical Chevrolet Silverado truck subsequent 12 months.

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