GM invests Rs 2,700 crore in next-gen electrification
In preparation for the next generation of electric vehicles and advanced battery technologies, General Motors will invest $449 million (Rs 2,706 crore) to upgrade manufacturing processes at Detroit-Hamtramck Assembly and Brownstown Battery Assembly plants.
In preparation for the next generation of electric vehicles and advanced battery technologies, General Motors will invest $449 million (Rs 2,706 crore) to upgrade manufacturing processes at Detroit-Hamtramck Assembly and Brownstown Battery Assembly plants.
“General Motors is committed to building award-winning products and developing technologies in America, which helps to grow our economy from a resurgent auto industry,” said Gerald Johnson, GM North America Manufacturing vice-president. “These investments will help the next-generation Chevrolet Volt build on its position as the leader in electrified propulsion.”
The investment is the largest to date at both facilities and includes $384 million at Detroit-Hamtramck for new Body Shop tooling, equipment, and additional plant upgrades to build the next-generation Chevrolet Volt and two future products. This brings GM’s total investment at Detroit-Hamtramck to more than $1 billion over the last five years.
GM’s $65 million investment at its Brownstown Battery Assembly will support the next generation of lithium-ion battery production and future battery systems.
The Detroit-Hamtramck Assembly Plant is the world’s only automotive plant that mass-produces extended-range electric vehicles – including the Volt, Cadillac ELR and Opel Ampera – for markets in 33 countries. Detroit-Hamtramck also builds the Chevrolet Malibu and Impala sedans and is home to a 264,000-square-foot photovoltaic solar array that can generate up to 516 kilowatts of electricity, or enough to charge 150 EVs per day.
Photograph: The 2014 Chevrolet Volt.
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