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GM eyes $3 billion in investment in Michigan EV plants - source

Reuters2021-12-11

Dec 10 (Reuters) - General Motors is considering investments in two electric vehicle-related facilities in Michigan, one with partner LG Energy Solution , that could top $4 billion, according to a source familiar with the plan.

If approved, GM's share of the total investment in the two Michigan EV projects would be $3 billion.

GM is looking at a new $2 billion battery plant near Lansing, as well as a $2 billion overhaul of its Orion Township assembly plant north of Detroit, the source said.

The cost of the Lansing battery plant would be shared with LGES.

The Orion plant, which now builds the Chevrolet Bolt, would be converted to build products using GM's Ultium EV platform, the source said.

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  • etan000
    ·2021-12-13
    Ok
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  • RS142
    ·2021-12-13
    Good 
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  • WalterTam
    ·2021-12-12
    Happy
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  • RichyRick
    ·2021-12-12
    Good to know
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    • Weh
      Ok
      2021-12-12
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  • Weebies
    ·2021-12-12
    Hi
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    • KK2021
      done
      2021-12-17
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    • Weebies
      Hi, pls like back
      2021-12-17
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    • Weebies
      Hi
      2021-12-12
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  • Ivan8888
    ·2021-12-12
    nice
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    • TK63
      ok
      2021-12-12
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  • Ivan8888
    ·2021-12-12
    nice
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  • JeJu
    ·2021-12-12
    Like
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    • Dynamism
      k
      2021-12-12
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    • JeJu
      Ok
      2021-12-12
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  • LifeLearner
    ·2021-12-12
    another EV candidate?
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  • SaveHK
    ·2021-12-12
    Nice all EV...EV to the moon🌕👏👏👏
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  • ASMH
    ·2021-12-12
    Like 
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  • rustic
    ·2021-12-12
    Wow pls like
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  • SmilingDevil
    ·2021-12-12
    Like
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  • PearlynCSY
    ·2021-12-12
    Expect heavy subsidy from  Biden. A disguise democracy of the rich ripping all the benefits
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  • wywy
    ·2021-12-12
    pls comment
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    • Garylim
      nice
      2021-12-12
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    • wywy
      thanks
      2021-12-12
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    • Visionaire91
      Ooaka
      2021-12-12
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  • fabio
    ·2021-12-12
    Gogogo
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    • 小白添祥
      ike & comment please
      2021-12-12
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  • ALLOYHUAT
    ·2021-12-12
    Like
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    • Pplymm
      Like
      2021-12-12
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  • PowerTrade
    ·2021-12-11
    Like
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  • WwwQY
    ·2021-12-11
    It’s just the beginning - dawn
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