GM invests $40 million at Pontiac Stamping for future EVs
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Detroit General Motors Co. on Friday said it will invest $40 million at its Pontiac Stamping Plant to prepare for coming electric vehicles.
Renovation will start immediately and include the installation of highly flexible fabrication machinery and presses to support future electric vehicle production and various product applications, the automaker said in a press release. The investment will create 20 new positions, GM said.
For the first time ever, the automaker is spending more money this year on electric vehicle investment than it is on gas-and-diesel-powered products.
The “Flex Fab” sheet metal fabricating technology that will be used at the facility allows for repeatable, custom and precise stamping, which reduces costs for low-volume applications.
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DETROIT An electric version of the Chevrolet Silverado pickup truck will get an estimated 400 miles of range per charge, General Motors says.
The company announced the range in a webcast Tuesday and said the truck would be built at a factory straddling the border of Detroit and the enclave of Hamtramck. It also announced the plant would build the new 2024 GMC Hummer SUV.
The pickup announcement raises the level of competition for future buyers in the hot truck market. Ford already has announced plans to build an electric F-150 starting next year in Dearborn, Mich. while Fiat Chrysler, now Stellantis, has said it plans to have an all-electric Ram pickup.
Future of trucks is electric | News, Sports, Jobs vindy.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vindy.com Daily Mail and Mail on Sunday newspapers.
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An electric version of the Chevrolet Silverado pickup truck will get an estimated 400 miles (644 km) of range per charge, General Motors says.
The company announced the range in a webcast on Tuesday and said the truck would be built at a factory straddling the border of Detroit and the enclave of Hamtramck. It also announced that the plant would build the new 2024 GMC Hummer SUV.
New electric Chevy pickup will get estimated 400 miles per charge chicagotribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chicagotribune.com Daily Mail and Mail on Sunday newspapers.