GM to Invest $300 Million For New Chevrolet Electric Vehicle

March 26th, 2019 by

GM New Chevrolet Electric Vehicle

General Motors is investing $300 million in its Orion Township, Michigan, assembly plant to produce a new Chevrolet electric vehicle that will bring 400 new jobs to the Orion plant. The announcement is part of GM’s new commitment to invest a total of $1.8 billion in its United States manufacturing operations, creating 700 new jobs and supporting 28,000 jobs across six states.

The new Chevrolet electric vehicle is in addition to the existing Chevrolet Bolt EV, further advancing GM’s commitment to an all-electric future. It will be designed and engineered off an advanced version of the current award-winning Bolt EV architecture. Additional product information and timing for the new Chevrolet EV will be released closer to production.

The 400 additional jobs are incremental to numbers associated with GM’s transformation announcement last fall. The new Chevrolet EV is in addition to the company’s earlier announcement that Cadillac will be the first brand to get vehicles off a future EV platform.

“We are excited to bring these jobs and this investment to the U.S.,” said GM Chairman and CEO Mary Barra during an announcement at the plant with employees, elected officials and community leaders. “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.”

In addition to the job growth at the Orion plant, GM has job opportunities at several other U.S. manufacturing plants for virtually all U.S. hourly employees impacted by the recent announcement of unallocated plants. Other GM manufacturing plants adding jobs include Flint, Michigan; Spring Hill, Tennessee; Bowling Green, Kentucky; Arlington, Texas; and Toledo, Ohio.

For the 2,800 impacted U.S. hourly employees at GM’s unallocated plants, GM has confirmed it has 2,700 openings across its U.S. manufacturing plants. To date, 1,100 employees have been placed at other GM plants, with several hundred more in the process of being placed in new jobs. In addition, 1,200 of these employees are retirement eligible.

Orion Assembly currently builds the Chevrolet Bolt EV, Chevrolet Sonic and the Cruise AV test vehicles. The plant currently employs about 880 hourly and 130 salaried employees. Including the new investment, GM has invested nearly $1 billion at Orion Assembly since 2009.

At Castle Chevrolet, located in Villa Park, Illinois, we want you to test drive the Chevrolet Bolt EV for yourself and see why GM is willing to invest $300 million in a new electric vehicle.

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