Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

General Motors (GM) has made a $2.2bn investment at it’s Detroit-Hamtramck plant to produce all its electric trucks and SUVs. 

 

The automaker plans to begin the production of its electric pick-up trucks in 2021, followed by the self-driving electric vehicle from its Cruise line. 

 

GM plans to invest another $800mn on supplier tooling for its electric trucks. Together, the two initiatives are likely to create more than 2,200 manufacturing jobs in the US, the company said in a statement. 

 

The reopening of the Detroit facility along with an investment at its Orion assembly plant and a battery lab in Warren Brownstone would bring GM’s total investments in the region to more than $2.5bn. 

 

The Detroit-Hamtramck facility currently employs close to 900 people with one shift production to build Cadillac CT6 and Chevrolet Impala. From February 2020, the plant will be idled for several months for planned renovations, that will include an upgrade of the plant’s body shop and general assembly area. 

 

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