Taking the next step in its objective to establish EV leadership, General Motors has announced an investment of over $7 billion in four Michigan manufacturing sites.
According to the automaker, the investment will create 4,000 new jobs, retain 1,000, and significantly increase battery cell and electric truck manufacturing capacity. Also, it is the single largest investment announcement in its history, which includes the construction of a new Ultium Cells battery cell plant in Lansing and the conversion of GM's assembly plant in Orion Township, Michigan, for production of the Chevrolet Silverado EV and the electric GMC Sierra, GM's second assembly plant scheduled to build full-size electric pickups.
These investments are the latest step toward accelerating GM's drive to become the EV market leader in North America by 2025. The Orion and Ultium Cells Lansing investments will support an increase in total full-size electric truck production capacity to 600,000 trucks when both Factory ZERO and Orion facilities are fully ramped. GM has been the leader in US full-size truck deliveries over the past two years. In addition, the company is investing in its two Lansing-area vehicle assembly plants for near-term product enhancements.
Mary Barra, Chair and CEO, GM, said, 'We are building on the positive consumer response and reservations for our recent EV launches and debuts, including GMC Hummer EV, Cadillac Lyriq, Chevrolet Equinox EV and Chevrolet Silverado EV. Our plan creates the broadest EV portfolio of any automaker and further solidifies our path toward US EV leadership by mid-decade.'