Report: GM Aims to Invest $3 Billion in Michigan on Electric Vehicles

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Report: GM Aims to Invest $3 Billion in Michigan on Electric Vehicles

General Motors will reportedly invest around $3 billion to produce electric vehicles and batteries in Michigan, according to a report today by the Wall Street Journal, citing unnamed sources. The automaker is set to update the Orion Assembly plant, which currently produces the Chevrolet Bolt EV and Bolt EUV, to serve as a production facility for its electric pickups.

Additionally, GM is preparing to build a battery production facility in Lansing. This project will supposedly be done in partnership with LG Energy Solutions. Each project is estimated to cost approximately $2 billion, with the latter battery plant’s cost split evenly between GM and LG.

The two investments are set to create more than 2700 jobs, with more than half of those new jobs reportedly earmarked for the updated Orion Assembly plant, according to the WSJ. We’ve reached out to GM for comment and will update this story with more information as it becomes available.

For the full story, check out this article from Car And Driver.

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