GM is reportedly set to reveal a $6.5 billion plan to build electric vehicles and batteries at two Michigan locations, continuing its trek toward electrification. The company’s goal is 50% of its new vehicle sales to be battery electrics by 2035.
GM will lay out its plans Tuesday at an event in Lansing, Michigan, near one of the two locations that will be part of the project, according to the Detroit News, which cited two sources familiar as well as government document.
The deal calls for GM to invest in its Lansing, near its Delta Township plant, and its Orion plant, creating 4,000 jobs in the process.
Speculation about the project has been building for some time, including GM CEO Mary Barra politely sidestepping a question about it during an Automotive Press Association meeting with journalists in December.
What GM’s planning
The Orion plant would be tooled up to build more EVs, likely trucks like the Chevy Silverado EV and GMC Sierra EV. Currently it builds the Chevrolet Bolt EV and EUV, but it’s a massive facility capable of producing as many several different vehicle models at a time.
The Lansing location would be the spot for the third battery plant operated jointly by GM and its battery partner LG Energy. Reportedly, the company would invest $2.5 billion in the new plant, and follow locations in Lordstown, Ohio and Spring Hill, Tennessee.
The latter location will be near the plant build the all-electric Cadillac Lyriq, which is reportedly going to begin being delivered to customers in the next two months, according to a LinkedIn post by GM President Mark Reuss.
“GM appreciates the support it has received from the Governor, the State Legislature, Orion Township, the City of Lansing and Delta Township related to two prospective projects that GM is considering in Orion Township and Lansing,” GM spokesman Dan Flores said in a statement to multiple media outlets. “Until these projects receive final approval, we have no comment on potential announcement timing.”