GM to invest $2 billion in Tennessee factory so it can build electric vehicles

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General Motors is investing $2 billion in its Spring Hill, Tennessee, factory so it can begin building electric vehicles

The Spring Hill plant will be equipped to build the new Cadillac Lyriq electric SUV, making it the third GM factory capable of building electric vehicles, the automaker said Tuesday.The factory currently builds two gasoline-powered Cadillac SUVs, the XT5 and the XT6, as well as the GMC Acadia SUV. Production of the Acadia will be shifted to a different GM factory in Lansing, Michigan. Production of the other Cadillac SUVs will continue alongside the Lyriq.

5 million investment in its Orion Assembly plant in Michigan. The company had previously announced it was investing $300 million in that plant, which makes the Chevrolet Bolt EV. The Orion factory will also make another electric Chevrolet model in the future, GM said."We are committed to investing in the US, our employees and our communities," said GM Chairman and CEO Mary Barra.

 

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