GM to Invest $300 Million at Plant for New Chevrolet Electric Vehicle

General Motors is investing $US300 million ($AU423.6 million) in its Orion Township, Michigan, assembly plant to produce a new Chevrolet electric vehicle. The company says the investment will also bring 400 new jobs to the plant.

The new Chevrolet electric vehicle is in addition to the existing Chevrolet Bolt EV and will be designed and engineered off an advanced version of the current Bolt EV architecture.

“We are excited to bring these jobs and this investment to the U.S.,” said GM Chairman and CEO Mary Barra during an announcement at the plant with employees, elected officials and community leaders.

“This new Chevrolet electric vehicle is another positive step toward our commitment to an all-electric future. GM will continue to invest in our U.S. operations where we see opportunities for growth.”

Source: Motor Trader E-Magazine (April 2019 Edition)

5 Apr 2019