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GM Plans More Than $3 Billion for Electric-Vehicle Projects in Michigan

Mike Colias of The Wall Street Journal reports that General Motors is planning to invest more than $3 billion for EV projects in Michigan.

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The C3 Take
  • GM will convert its Orion Assembly plant in Detroit as a hub for production of electric vehicle trucks.
  • The automaker will also cost share the development of a battery-cell factory in Lansing, MI with LG.
  • These investments will strengthen the domestic supply chain of electric vehicles.
  • Through innovation, the private sector is advancing technologies that benefit our environment and economy alike.

“GM is finalizing plans for two electric-vehicle projects in Michigan. One would convert its Orion Assembly plant in suburban Detroit to serve as its hub for production of electric pickup trucks, the people with knowledge of the plans said. The renovation would cost at least $2 billion and would be expected to create more than 1,500 jobs at the factory, which today is lightly used, the people said.”

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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