eMobility

GM Invests $2.2 billion for an All Electric Assembly plant

General Motors is undergoing transformation to maintain its edge in automotive business and the future of personal mobility. The automaker is working on its vision to create a world with Zero Crashes, Zero Emissions and Zero Congestion. The latest step in this journey is a $2.2 billion investment at its Detroit-Hamtramck assembly plant to produce a variety of all-electric trucks and SUVs.

Detroit-Hamtramck will be GM’s first fully-dedicated electric vehicle assembly plant. An electric pickup will be the first of multiple electric truck variants plans to at Detroit-Hamtramck over the next few years. Its production scheduled to begin in late 2021 which will be followed soon after by the Cruise Origin, a shared, electric, self-driving vehicle unveiled by Cruise in San Francisco last week. Detroit-Hamtramck currently operates on one shift of production and builds the Cadillac CT6 and the Chevrolet Impala.

Since the fall of 2018, GM has committed to invest more than $2.5 billion in Michigan to bring electric vehicles to market through investments at Orion assembly, GM battery lab in Warren, Brownstown and the announced direct investment in Detroit-Hamtramck.

GM has also established a joint venture with LG Chem – which is investing $2.3 billion to manufacture battery cells in Lordstown, Ohio – will supply battery cells for the electric vehicles manufactured at Detroit-Hamtramck.

When the Detroit-Hamtramck plant is fully operational, this investment will create more than 2,200 good-paying U.S. manufacturing jobs. GM will also invest an additional $800 million in supplier tooling and other projects related to the launch of the new electric trucks.

A key driver behind GM’s decision to make the commitment to Detroit-Hamtramck was the support this project received from the state of Michigan, said the company in its Press Release.

Source: Press Release

Tags

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *