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General Motors is push its $ 4 billion programme to convert its Orion Assembly plant into an EV truck mill to recent 2025 , a twelvemonth afterward than scheduled .
GM ’s logical thinking behind the delay — which will mean Orion will sit out of work for two class — is “ to better care capital investment while aligning with evolving EV demand , ” the ship’s company say in a financial statement sent to TechCrunch . The company also said it ’s identified engineering improvement that will be implement to increase profitability of its products .
In other words , EV demand has changed and maybe is n’t as strong as gestate . That softening need , which we ’ve seen at other company such asLucid ’s deliveries numbersreported Tuesday , is forcing auto manufacturer to adjust timeline and plans to rain cats and dogs billions into novel factories or conversions of be ones .
GM ’s Orion Assembly Plant , with some 1,271 employees , is presently where the Chevy Bolt and Chevy Bolt EUV are put together . GM plans to end production of those two vehicles at the end of the twelvemonth . Union employees at Orion will be offered other jobs in Michigan , include place at Factory ZERO Detroit - Hamtramck Assembly , where the GMC Hummer EV getaway and SUV , Chevrolet Silverado EV and Cruise Origin are being produce . Factory ZERO workers will also start make the GMC Sierra EV next twelvemonth . GM said product at this facility has been increase with architectural plan to contribute a 2nd shift in 2024 .
GM announced in January 2022 it would put $ 4 billion to change over the Orion factory to produce galvanic trucks using the GM - developed Ultium Platform . The undertaking , as primitively outline , would include expanding the be facility , adding new body and paint shops as well as new general fabrication and barrage pack assembly areas .
That rebirth is part of a larger$7 billion investmentin four Michigan factory focused on battery jail cell and electric truck fabrication , including a third plant with partner LG Energy Solutions .
