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Daily Newsletter

16 July 2024

Daily Newsletter

16 July 2024

GM to ‘electrify’ another factory

Grant came from a federal Domestic Manufacturing Conversion programme

Graeme Roberts July 15 2024

GM said its Lansing Grand River factory, which has built luxury and performance vehicles like the Cadillac V-Series Blackwings, would use a US$500m grant from the US Department of Energy and the automaker's own investment to "prepare for electrification".

The grant came from a federal Domestic Manufacturing Conversion Grant programme.

These cost-shared grants support US production of efficient hybrid, plug in electric hybrid, plug in electric, and hydrogen fuel cell electric vehicles.

GM noted it had announced $12bn in investments for its North American EV manufacturing and supply chain development since 2020.

“GM’s investment and this Department of Energy grant underscore our commitment to US leadership in manufacturing and innovation, making sure we’re competitive at home and abroad,” said Camilo Ballesty, GM head of North America Manufacturing and Labor Relations.

Lansing Grand River will continue to produce the Cadillac CT4 and CT5 and GM promised more details of timing, future products, and volume later.

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