GM Invests $2.2 billion for an All Electric Assembly plant
![Image Source: General Motors](https://www.telematicswire.net/wp-content/uploads/2020/01/Detroit-Hamtramck-Electric-780x405-1.jpg)
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