According to the Journal, the corporation aims to turn its Orion Assembly facility in suburban Detroit into a hub for producing electric pickup trucks, as well as create a battery-cell factory near one of its assembly factories in Lansing.
Read more: Volvo Cars to invest 30 Billion in Battery Development and Manufacturing
According to the Report, renovating GM’s Orion Assembly facility, which produces the Chevrolet Bolt EV, would cost at least $2 billion and generate more than 1,500 jobs. According to the article, GM’s battery-cell initiative will be a 50-50 joint venture with its battery partner, LG Energy Solutions, with a total investment of more than $2 billion and the potential for 1,200 employment.
In October, the automaker announced goals to boost its revenue by 2030 and become the market leader in e – mobility sales in the United States.
Additanly, General Motors is preparing to build a battery production facility in Lansing. It is believed that this project will be done in partnership with LG Energy Solutions. Each project is estimated to cost around $2 billion, with the cost of the latter’s battery plant split equally between GM and LG.
