Print 20 comment(s) - last by HikingMike.. on Apr 11 at 10:47 AM

The money will go toward two plants

General Motors Co. (GM) is investing $449 million USD in two of its Michigan-based plants to up its electrification game. 
According to GM, it will invest $384 million USD into the Detroit-Hamtramck plant that builds autos like the Chevrolet VoltCadillac ELR and Opel Ampera. The money will go toward new body shop tooling, upgrades and equipment to build the next-generation Volt and two other upcoming vehicles (which are currently unknown to the public). 
As for the other $65 million USD, it will be put toward the Brownstown plant, which makes lithium-ion battery packs for many of GM's EVs. Production of the company's next-generation of lithium-ion batteries and future battery systems will benefit from this investment.

[SOURCE: Green Car Reports]

“General Motors is committed to building award-winning products and developing technologies in America, which helps to grow our economy from a resurgent auto industry,” said Gerald Johnson, GM North America Manufacturing vice president. “These investments will help the next-generation Chevrolet Volt build on its position as the leader in electrified propulsion.”

There doesn't seem to be a set timeline for when the investments will begin, but it will likely further GM's position in the EV and future auto technologies realm while also potentially putting the state of Michigan in a better economic spot. 

Source: General Motors

Comments     Threshold

This article is over a month old, voting and posting comments is disabled

RE: Bounty!
By Solandri on 4/9/2014 7:50:12 PM , Rating: 2
OP was talking about GM's recall of 2.5 million cars sold between 2003-2011 for ignition switch failures. It has nothing to do with the GM Volt. I probably shouldn't have responded to an off-topic troll. But like McDonalds coffee (you are more likely to die in an accident driving to McD's than you are to injure yourself spilling the coffee), the whole thing really was completely blown out of proportion by the lawyers and families of those injured/killed.

RE: Bounty!
By Mint on 4/10/2014 10:37:54 AM , Rating: 2
I probably shouldn't have responded to an off-topic troll.

It was off topic from the discussion, but then again the ignition switch talk isn't really related to this article either. FWIW, I thought you had an excellent post on that matter.

"A politician stumbles over himself... Then they pick it out. They edit it. He runs the clip, and then he makes a funny face, and the whole audience has a Pavlovian response." -- Joe Scarborough on John Stewart over Jim Cramer

Copyright 2016 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki