What’s News: GM to spend $2 billion

GM will spend $2.2 billion to build electric and autonomous vehicles at Detroit plant

Original story Link 

Last week, GM-subsidiary Cruise unveiled the Origin, its first self-driving car without a steering wheel or pedals. At the time, the company’s CEO Dan Ammann promised to reveal production details in the days to come. Well, today’s the day, with GM announcing plans to spend $2.2 billion to retrofit its Detroit-Hamtramck plant for the production of autonomous and electric vehicles.

In addition to the Origin, the facility will also produce all-electric SUVs and pickup trucks. The automaker plans to release 20 electric nameplates by 2023, the first of which will be an electric truck slated to go into production in 2021. This will be followed “soon after” by the Cruise Origin, a shared, electric, self-driving vehicle unveiled in San Francisco last week. Detroit-Hamtramck will be GM’s first “fully-dedicated” electric vehicle assembly plant, the company said. (The news was first reported by The Detroit News last week.)

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.