Detroit — General Motors Co. is amping up its electric-vehicle plans even as it invests in gas-powered pickups and SUVs, the traditional profit generators whose sales are expected to fund future electric ambitions. The Detroit automaker on Tuesday said it plans to invest $150 million into five Michigan plants, including Orion Assembly for electric production, and $2 billion […]
Plant
Cadillac Lyriq Cadillac General Motors surged 9% on Tuesday after it said it would invest $2 billion in its Spring Hill, Tennessee, manufacturing plant to build electric vehicles. The new Cadillac Lyriq will be the first electric vehicle model to roll off the production line in Tennessee, according to the […]
General Motors (NYSE:GM) said today that it will spend $2 billion to convert a Tennessee factory to build electric vehicles (EVs), starting with the upcoming battery-electric Cadillac Lyriq SUV. The plant in Spring Hill, Tennessee, once the home of GM’s now-discontinued Saturn brand, will become the third U.S. GM factory […]