General Motors (GM) will reportedly invest US$ 3 billion to produce electric cars and new batteries.
Reported by the Wall Street Journal, the big job will be done by GM at their Orion Assembly plant in Michigan, United States. At the factory, GM is producing their electric car line, the Chevrolet Bolt EV and Bolt EUV which will be included in GM's electric pickup line.
In addition, GM is in preparation to build a battery production facility in Lansing City, Michigan. The project will be carried out by GM in partnership with LG Energy Solutions. Each project is expected to cost up to $2 billion, with the cost of the battery factory to be split equally between GM and LG.
Quoted from Car and Driver, GM's large investment is also expected to create more than 2,700 jobs, of which more than half will reportedly be allocated to the Orion Assembly plant which is being refurbished.
In addition to GM, there was previously another American car manufacturer, namely Ford, which announced earlier this year that it would also produce batteries for their electric pickup, the F-150 Lightning. The work will be carried out by Ford in the Georgia area, USA.
Ford will also produce electric cars and batteries in Tennessee and Kentucky. Meanwhile, the development of battery production will be carried out in the Ion Park factory area located in southeastern Michigan. The total investment made by Ford is estimated to have reached a value of US$ 11.4 billion.
Meanwhile, Stellantis, the parent company of Dodge, Jeep, and Ram, also manufactures electric vehicle batteries in North America but has not officially announced where the Stellantis factory will be located.
The giant Japanese car manufacturer, Toyota is also opening a megasite for their electric car battery production in North Carolina, which will officially open in 2025.