GM allocates $300 million for new electric vehicle - Smart Energy Decisions

Energy Efficiency, Industrial  -  March 22, 2019

GM allocates $300 million for new electric vehicle

General Motors is investing $300 million to produce a new Chevrolet electric vehicle at its assembly plant in Orion Township, Mich. The investment is part of GM’s total commitment of $1.8 billion towards its U.S. manufacturing operations, creating 700 jobs and supporting 28,000 jobs across six states.

“We are excited to bring these jobs and this investment to the U.S.,” said GM Chairman and CEO Mary Barra during an announcement at the plant with employees, elected officials and community leaders. “This new Chevrolet electric vehicle is another positive step toward our commitment to an all-electric future. GM will continue to invest in our U.S. operations where we see opportunities for growth.”

The new electric vehicle had been slated for production outside of the U.S. The decision to bring it to Orion was based on many factors, according to GM. The Orion plant currently builds the Bolt EV; the new Chevrolet EV will be based off an advanced version of the same vehicle architecture. Additionally, moving production to a U.S. manufacturing plant supports the rules of origin provisions in the proposed United States, Mexico, and Canada Agreement. The Orion facility currently builds the Chevrolet Bolt EV, Chevrolet Sonic and the Cruise AV test vehicles.

Keywords: general motors

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