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GM will spend $6.5 billion and add 4,000 jobs at Michigan EV plants



LANSING, Mich. – Synthetic engine is set to announce next week major investments in electric vehicles in Michigan, with plans to spend $6.5 billion and create up to 4,000 new jobs at two plants.

The state’s Economic Development Council is expected to adopt an incentive package on Tuesday, according to a meeting agenda posted online.

Related press previous report Detroit automaker’s plan to team up in a joint venture to build a $2.5 billion electric car the battery factory in the Lansing area, adding 1,700 workers. GM also plans to spend $4 billion and create up to 2,300 new jobs by designating an existing factory in Orion Township as its third electric vehicle factory, along with plants in Detroit-Hamtramck and Spring Hill, Tennessee.

The picks are a big win for Michigan, which missed three Ford Motor battery plants and a Ford electric vehicle assembly plant will be built in Kentucky and Tennessee.

Michigan State Legislators and Governor Gretchen Whitmer recently issued a new dollarfirst billion fund is designed to land large business projects.

“Ford’s announcement is like a punch to the nose,” Quentin Messer Jr., CEO of the Michigan Economic Development Corporation and president and chairman of the Michigan Strategic Fund, said in October. before. “Michiganders always respond to every punch with a stronger counter. “

The Orion Township plant, about 40 miles (64 km) north of Detroit, is now Chevrolet Bolt electric hatchback and small SUV, employing just over 1,100 workers. The company has said that it will soon announce that an existing factory will be built electric pickup truck. Bolt production has been suspended due to a battery recall.

The battery plant will be built on the site of GM’s Lansing Delta Township assembly plant, where production Buick Enclave and Chevrolet Traverse SUV car.

“GM appreciates the support it has received from the Governor, the State Legislature, the Town of Orion, the City of Lansing, and the Town of Delta regarding two potential projects GM is considering in Orion. Township and Lansing,” company spokesman Dan Flores said in a statement. declare. “Until these projects receive final approval, we have no comment on potential release dates,”

GM says it is also spending $154 million to refurbishing an old factory near Buffalo, New York, so it could become an important part of tram engine.

The number of new electric vehicles is less than 3% in the US car sales last year, but forecasters expect big gains over the next decade. Consumers bought about 400,000 all-electric vehicles.

Automotive consulting firm LMC estimates electric vehicle sales will grow to 763,000 this year and more than 1.2 million by 2023. The company expects electric vehicles to account for nearly 44 percent new vehicle sales by 2033, with nearly 7.4 million copies sold.

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