# Stellantis invests $155M in three Indiana plants for electric drive modules

Stellantis announced a $155 million investment in three Kokomo, Indiana plants (Indiana Transmission, Kokomo Transmission, Kokomo Casting) to produce new electric drive modules (EDM) for future EVs. The investment will retain over 265 jobs.

- Type: Investment
- Announced: 2023-02-28
- Where: Kokomo, Indiana, United States
- Value: $155.0M
- Jobs: 265
- Status: announced
- Products: electric drive modules
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Stellantis](https://endata.com/companies/7966.md)

## Sources

- [stellantis.com](https://www.stellantis.com/en/news/press-releases/2023/february/stellantis-announces-155-million-investment-in-three-indiana-plants-to-support-north-american-electrification-goals), 2023-02-28: "Stellantis announced today that it will invest a total of $155 million in three Kokomo, Indiana, plants to produce new electric drive modules."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.