Brief: GM To Invest $2.2 Billion To Create First Dedicated EV Plant

  • General
  • January 27, 2020
  • 29
  • 4 minutes read
General Motors CEO Mary Barra.

image: General Motors

General Motors (GM) has announced it’s investing $2.2 billion in its Detroit- Hamtramck assembly plant to utilize it as a facility that’ll produce all-electric vehicles alongside its recently unveiled Origin self-driving vehicle. The Detroit, Michigan-based automaker will also invest an additional $800 million in supplier tooling and other projects related to the launch of new electric vehicles.

GM says its investment will create more than 2,200 U.S. manufacturing jobs. The Detroit- Hamtramck plant will serve as the automaker’s first fully-dedicated electric vehicle assembly plant. GM plans to begin rolling out its first all-electric truck by late 2021, with the ‘Origin’ self-driving vehicle to follow suit. The company is betting big on the  Detroit- Hamtramck facility to help facilitate that.

“Through this investment, GM is taking a big step forward in making our vision of an all-electric future a reality,” GM President Mark Reuss said in a statement. “Our electric pickup will be the first of multiple electric truck variants we will build at Detroit-Hamtramck over the next few years.”

Since the fall of 2018, GM has committed to invest $2.5 billion in the state of Michigan to produce electric vehicles. Its investments include a previous assembly plant alongside a battery lab. The automaker also inked a joint venture with LG Chem that involves the latter investing $2.3 billion to manufacture battery cells for electric vehicles in the state of Ohio. The Ohio facility will supply battery cells for electric vehicles that’ll be manufactured at Detroit- Hamtramck.

The Detroit-Hamtramck plant will be closed for several months beginning at the end of next month for renovations to take place.

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