General Motors (GM.N) is expected build a more affordable version of the Chevrolet Bolt in Kansas and a new series of premium electric vehicles for Cadillac and Chevrolet in Michigan as part of its planned $13.3 billion in investments in U.S. facilities, sources told Reuters.
General Motors assembly workers connect a battery pack underneath a partially assembled 2018 Chevrolet Bolt EV vehicle on the assembly line at Orion Assembly in Lake Orion, Michigan, U.S., March 19, 2018. REUTERS/Rebecca Cook/File Photois expected build a more affordable version of the Chevrolet Bolt in Kansas and a new series of premium electric vehicles for Cadillac and Chevrolet in Michigan as part of its planned $13.3 billion in investments in U.S. facilities, sources told Reuters.
Most of the broader investment was already in place. But the UAW document noted that GM expects to invest $1.25 billion in its Lansing Grand River plant in Michigan and $391 million in its Fairfax, Kansas, plant. The UAW summary did not specify products or timing for GM's Fairfax and Lansing plants. GM currently builds the Chevrolet Malibu and Cadillac XT at Fairfax and the Cadillac CT4 and CT5 and Chevrolet Camaro in Lansing. All of the vehicles have combustion engines.The bulk of GM’s U.S. investments over the contract’s 4-1/2 years — about $9.1 billion — will go toward five vehicle assembly plants and seven parts plants to build electric vehicles and components, according to the UAW summary.
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