FILE PHOTO: 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,DETROIT - General Motors 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.
GM is considering whether to build a lower-cost version of the Bolt electric utility vehicle at the Fairfax plant in 2025 and the premium EVs for Cadillac and Chevy — including a pure electric performance model with the Corvette name — in Lansing beginning in 2027, according to sources familiar with the automaker’s thinking, who asked not to be identified.In a statement, the company said, "We'll have more specifics around product details moving forward.
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.Both GM and Ford Motor in the past month have announced delays in future EV-related investments.
Sam Fiorani, vice president of global vehicle forecasting at AutoForecast Solutions, noted the timing on some of the EV investments by GM, Ford and Stellantis was “appropriately vague.” Wally Nowinski bought a Tesla Model 3 in July 2020 to drive from California to Michigan so he could avoid plane travel.Tesla is planning to build a 25,000 euro electric car at its Berlin gigafactory, according to a report from Reuters.Japanese cars have earned and maintained a well-deserved reputation for reliability and affordability. For instance, the 2023 Toyota RAV4 is the fourth bestselling car of 2023 so far, according to Car...This dainty $13,000 EV is beating Tesla in Japan.