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$7 Billion GM EV Plan Announced, Rivals Ford Blue Oval City Initiative

Ford Blue Oval City was originally announced back in September as a new, sprawling complex set to be built in Stanton, Tennessee. There, the automaker will produce electric vehicles, including a next-generation electric Ford F-Series model, which will ride on its own dedicated platform, as well as batteries, while also housing suppliers and creating around 6,000 much-needed new jobs. After receiving approval for an incentive package from the state, FoMoCo is searching for suppliers and recently named its lead contractor for the project, while Ford Blue Oval City is already on the map – quite literally. Now, Ford’s cross-town rival is following up that effort with a $7 billion dollar GM EV plan of its own.

This $7 billion GM EV plan is, like Ford’s, multifaceted in nature. For starters, this massive investment will earmark $510 million for the automaker’s Lansing Delta Township and Lansing Grand River facilities, which will support the production of more near-term products, including the next-generation Chevy Traverse, Buick Enclave, and GMC Acadia at the Lansing Delta Township plant and upgrades for the Lansing Grand River facility. Currently, Lansing Grand River produces the Chevy Camaro, Cadillac CT4, and Cadillac CT5.

Additionally, General Motors announced that it will build its third Ultium Cells battery plant in Lansing, Michigan, with construction set to begin this summer, following a $2.8 billion investment by GM and its battery manufacturing partner, LG Energy Solution. Battery cell production is scheduled to begin in late 2024. GM will also invest $4 billion in its Orion Assembly plant in Michigan to produce the Chevy Silverado EV and GMC Sierra EV.

Altogether, GM expects that these moves will help it reach a capacity of 1 million EV units in North America by the end of 2025 while also creating 7,000 new jobs in the process.

We’ll have more on everything Ford’s competition is up to soon, so be sure and subscribe to Ford Authority for 24/7 Ford news coverage.

Brett's lost track of all the Fords he's owned over the years and how much he's spent modifying them, but his current money pits include an S550 Mustang and 13th gen F-150.

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Comment

  1. Mark L Bedel

    Everybody seems to be doing it!

    Reply

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