American auto giant General Motors is injecting $US300 million ($A424 million) into upgrading its Michigan plant so it can add a new electric vehicle to its auto offerings.
The new EV will join the battery electric Bolt, which is also built at the Orion, Michigan auto factory, and will be built on an advanced version of the Bolt EV’s architecture.
The new electric car announced by GM will be the second to receive the advanced Bolt electric powertrain – the first GM brand to benefit from the new technology will be Cadillac.
The announcement of a new electric vehicle follows hot on the heels of the final hybrid Volt, the last of which rolled off the production lines two weeks ahead of schedule last month at its Detroit auto plant.
The investment will also see GM create 400 additional new jobs at the facility, as the company makes moves to turn its focus to developing electric powertrains under a restructure branded with the motto “Zero Crashes, Zero Emissions, Zero Congestion”.
“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,” said GM chair and CEO Mary Barra during an announcement at the plant with employees, elected officials and community leaders.
Read the full story on RenewEconomy’s electric vehicle-dedicated site, The Driven…
Listed fund hopes to press go on its first big wind and storage projects soon,…
Opposition plan to review state transmission roadmap and pause major network upgrades has been called…
A new species of wasp has been named after Sir David Attenborough as the naturalist…
Clean Energy Finance Corporation will underwrite a transmission project crucial to the connection of Marinus…
Smart Energy Council's John Grimes on the death of coal power in Australia, panel by…
Built around a 7kWh modular foundation and engineered for daily dual-cycling, the XE shatters the…