GM to invest $2.2 billion in EV production plant
David Wagman | January 28, 2020General Motors said it will spend $2.2 billion at its Detroit-Hamtramck assembly plant to produce a variety of all-electric trucks and SUVs.
The automaker said its first all-electric truck will be a pickup with production scheduled to begin in late 2021. That vehicle will be followed by the Cruise Origin, a shared, electric, self-driving vehicle unveiled by Cruise in San Francisco in mid-January. Cruise is led by Dan Ammann who, as GM president, led the automaker's 2016 acquisition of the startup.
Artist's concept of the Cruise Origin. Source: CruiseGM said it also would spend an additional $800 million in supplier tooling and other projects related to the launch of the electric trucks. The plant’s paint and body shops and general assembly area will receive upgrades, including new machines, conveyors, controls and tooling.
GM’s 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 (EVs) manufactured at Detroit-Hamtramck.
Detroit-Hamtramck currently operates on one shift of production and builds the Cadillac CT6 and the Chevrolet Impala. The plant will be idled for several months beginning at the end of February as the renovations begin. Detroit-Hamtramck would be GM’s first fully-dedicated EV assembly plant.