General Motors Will Invest $2.2 Billion to Build Electric Trucks, SUVs At Detroit Factory

- Advertisement -
  • General Motors added that this move will create 2,200 jobs
  • The company’s first electric truck will be a pickup

According to a report by the Economic Times, General Motors Co will invest $2.2 billion in its Detroit-Hamtramck assembly plant. This investment will be done to build electric trucks and sport utility vehicles. The report added that the company said that this step will create 2,200 jobs.

The report said that General Motors said that its first electric truck will be a pickup. The production for it will begin late next year. This vehicle will be followed by a self-driving vehicle named Cruise Origin.

Invest $7.7 billion in its U.S. plants over the next four years

- Advertisement -

Last year, Reuters had reported that General Motors plans to build a new range of EVs at the plant from late 2021. The company also said that it will invest $7.7 billion in its U.S. plants over the next four years. The ET report added that the plant will be idled for many months at the end of February. This will be done because the company will start renovations for the production of electric trucks and SUVs.

The report added that Ford is also expected to start building premium electric pickups in late 2021. The production will take place at a Detroit-area assembly plant.

- Advertisement -

Most Popular Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Exclusive

Growth Opportunities Connected With The Growing Semicon EcoSystem In India

0
India must concentrate on electronics products and semiconductor components, as progress in one area reinforces the other. The country can unlock immense economic opportunities...

“Don’t Let Designations Become A Wild Goose Chase”

0
In his childhood, he possessed just one sweater, meant to last through many winters. He could not join IIT Roorkee because the cost of...

“Capitalise On ‘China Plus Two,’ Where Products With Higher Value Addition Become The Focus”

0
EPIC Foundation aims to transform India into an electronics hardware product nation by collaborating with governments, universities, design houses, and startups. In a conversation...

Buzz

Ultraviolette Aims For European And Middle Eastern Expansion

0
Niraj Rajmohan, Co-Founder and CTO of Ultraviolette stated that 2024 is set to mark the company’s foray into international markets while simultaneously strengthening its...

Chargeup’s Goal: 25,000 Drivers In 17 Cities By 2025, Prioritizing Smaller Cities

0
Chargeup, the forefront battery financing and comprehensive EV asset management platform in India, is on a mission to integrate 100,000 drivers within the upcoming...

Ampere Nexus, Electric Scooter Launching April 30th

0
Greaves Electric Mobility’s Nexus, having recently traversed the distance from Kashmir to Kanyakumari, is set to be the brand’s inaugural luxury electric scooter and...

Important Sectors

Exploring India’s Limited Selection: Just Six Robust Hybrids Priced Under ₹ 5 Million

0
As the United States passenger car market embraces hybrid vehicles, India’s car market is teeming with benefits and convenience for consumers. Yet, within the...

Top 10 Selling Electric Cars In The World

0
In the list of top 10 selling electric cars in the world, it seems to be a tight race between China’s BYD and the...

Ultraviolette Aims For European And Middle Eastern Expansion

0
Niraj Rajmohan, Co-Founder and CTO of Ultraviolette stated that 2024 is set to mark the company’s foray into international markets while simultaneously strengthening its...

Ampere Nexus, Electric Scooter Launching April 30th

0
Greaves Electric Mobility’s Nexus, having recently traversed the distance from Kashmir to Kanyakumari, is set to be the brand’s inaugural luxury electric scooter and...

Ford Investes In Expanding EV Software Capabilities At Chennai Hub

0
Ford Business Solutions India, presently with a staff of 12,000, is poised to expand by an additional 3,000 employees. Ford, recognized for its efforts...

Manufacturing

Honda plans major EV factory construction in Canada,

0
Honda's dedication to this facility reflects its wider ecological objectives, which include a target to only offer zero-emission vehicles by 2040 and to attain...
Sona Comstar

Sona Comstar Launches Mexico Plant For North American EV Demand

0
The new facility, established to address the increasing demand for premium driveline solutions for BEVs in North America, will focus on manufacturing differential assemblies...

Sterling Tools Inks MoU With Yongin For EV Components Facility

0
Sterling Tools announced that this strategic partnership is anticipated to bring in Rs 250 crore in business over the next five years. This collaboration...

Tata Elxsi-Renesas MCU Boosts EV Cost Efficiency And Market Speed

0
The Motor Control Unit's modular, scalable design facilitates integration across various EV applications, reducing time to market by 40%, lowering design and development costs...

Ramkrishna Forgings To Supply Powertrain Parts To Top US Electric Carmaker

0
Indian producer of rolled, forged, and machined products enter the US electric vehicle market for the first time. Ramkrishna Forgings, an Indian supplier of rolled,...