GM will spend $ 6.5 billion and add 4,000 jobs to Michigan's electric vehicle factories

Lansing, Michigan - General Motors is set to announce a major electric vehicle investment in Michigan next week, spending $ 6.5 billion and planning to create up to 4,000 new jobs at its two plants.  According to the meeting, the State Economic Development Commission is expected to approve the incentive package on Tuesday. Publish agenda online.  Associated Press The Detroit automaker plans to partner with a joint venture to build a $ 2.5 billion electric vehicle battery. The factory in the Lansing area has 1,700 employees. GM will also spend $ 4 billion and create up to 2,300 new jobs by designating the existing Orion Township plant as the third electric vehicle plant, in addition to the Detroit-Hamtramck and Springhill plants in Tennessee. It is a program.  The choice is a big win for Michigan, which has lost three Ford Motor battery plants and a Ford electric vehicle assembly plant to be built in Kentucky and Tennessee.     Michigan Assemblyman and Governor Gretchen Whitmer recently issued new $ 1 billion funds to run large business projects.  "Ford's announcement was like a punch in the nose," said Quentin Messer Jr., CEO of the Michigan State Economic Development Corporation and president and president of the Michigan Strategic Fund last month. .. A more powerful counterattack. "  The Orion Township Factory, approximately 40 miles (64 km) north of Detroit, is now located. Chevrolet Installs an electric hatchback and small SUV and employs over 1,100 workers. The company said it would soon announce the construction of an existing factory. Electric pickup truck. Production of bolts was stopped due to battery recall.  The battery plant was built on the premises of the GM Lansing Delta Township assembly plant. Buick Enclave When Chevrolet Traverse SUV.  “GM would like to thank the Governor, the Council of State, Orion Township, Lansing City and Delta Township for their support in relation to the two future projects that GM is considering in Orion Township and Lansing. Company spokesperson Dan Flores said in writing. "There is no comment on the timing of the announcement until these projects are finally approved."  GM also says it is spending $ 154 million to renovate a dilapidated factory because it is close to Buffalo in New York. Electric car engine.  Electric vehicles hit less than 3% of new in U.S. auto sales Last year, forecasters expect a significant increase over the next decade. Consumers have purchased around 400,000 fully electric vehicles.  Consulting firms LMC Automotive forecast EV sales will rise to 763,000 this year and exceed 1.2 million by 2023. The company predicts EVs will account for nearly 44% of that. New car sales by 2033 are approximately 7.4 million.

Lansing, Michigan - General Motors is set to announce a major electric vehicle investment in Michigan next week, spending $ 6.5 billion and planning to create up to 4,000 new jobs at its two plants.

According to the meeting, the State Economic Development Commission is expected to approve the incentive package on Tuesday. Publish agenda online.

Associated Press The Detroit automaker plans to partner with a joint venture to build a $ 2.5 billion electric vehicle battery. The factory in the Lansing area has 1,700 employees. GM will also spend $ 4 billion and create up to 2,300 new jobs by designating the existing Orion Township plant as the third electric vehicle plant, in addition to the Detroit-Hamtramck and Springhill plants in Tennessee. It is a program.

The choice is a big win for Michigan, which has lost three Ford Motor battery plants and a Ford electric vehicle assembly plant to be built in Kentucky and Tennessee.

Michigan Assemblyman and Governor Gretchen Whitmer recently issued new $ 1 billion funds to run large business projects.

"Ford's announcement was like a punch in the nose," said Quentin Messer Jr., CEO of the Michigan State Economic Development Corporation and president and president of the Michigan Strategic Fund last month. .. A more powerful counterattack. "

The Orion Township Factory, approximately 40 miles (64 km) north of Detroit, is now located. Chevrolet Installs an electric hatchback and small SUV and employs over 1,100 workers. The company said it would soon announce the construction of an existing factory. Electric pickup truck. Production of bolts was stopped due to battery recall.

The battery plant was built on the premises of the GM Lansing Delta Township assembly plant. Buick Enclave When Chevrolet Traverse SUV.

“GM would like to thank the Governor, the Council of State, Orion Township, Lansing City and Delta Township for their support in relation to the two future projects that GM is considering in Orion Township and Lansing. Company spokesperson Dan Flores said in writing. "There is no comment on the timing of the announcement until these projects are finally approved."

GM also says it is spending $ 154 million to renovate a dilapidated factory because it is close to Buffalo in New York. Electric car engine.

Electric vehicles hit less than 3% of new in U.S. auto sales Last year, forecasters expect a significant increase over the next decade. Consumers have purchased around 400,000 fully electric vehicles.

Consulting firms LMC Automotive forecast EV sales will rise to 763,000 this year and exceed 1.2 million by 2023. The company predicts EVs will account for nearly 44% of that. New car sales by 2033 are approximately 7.4 million.

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