In a statement to The Logic, a spokesperson for the automaker said the buyouts are part of the company’s shift toward becoming a “mobility tech company,” adding that it remained “firmly committed” to its Canadian operations. Stellantis did not respond to questions about how many staff will be affected. (The Logic)

Talking point: Automakers have been looking to trim down their workforces as part of their capital-intensive shift toward electric-vehicle production. Stellantis has already committed $3.6 billion to retool its plants in Windsor and Brampton for EVs, and plans to put another $2 billion into a new battery plant alongside South Korean manufacturer LG Energy. Meanwhile, Ford is reportedly considering cutting as many as 8,000 staff to help fund its EV push, largely from its internal combustion engine division, according to Bloomberg.