Chevy Electric Silverado arrives in 2023 as GM increases investment in electric vehicles
The edge reports that the Chevy Silverado EV – a battery-powered electric pickup truck designed to take on Ford’s hugely popular F-150 Lightning – will go into production in early 2023, with deliveries to customers scheduled to begin by the fall of this year. Quoting a story from Automotive News, he says the Silverado EV will make its public debut at CES 2022 in Las Vegas.
The Silverado EV will use the Ultium battery and electric transmission that powers the all-new Hummer EV, Cadillac Lyriq, and other upcoming EVs. GM claims the Silverado will get over 400 miles of range on a full charge (this will require a big powerful battery!) and will be sold in consumer and fleet versions. GM also revealed that the truck will have all-wheel steering as well as a “fixed glass roof.” America holds its collective breath, waiting to see if it will be able to crab its way through the mall’s tight parking spaces.
The Silverado EV will be built at Factory Zero, GM’s electric vehicle assembly plant in Detroit, alongside the Hummer EV and the Cruise Origin autonomous shuttle. CEO Mary Barra is expected to reveal more details about the battery-powered electric pickup truck during her CES keynote address – assuming there’s a show next year, as the omicron variant of the coronavirus sweeps across America .
New Investments in Michigan
Michigan is in bad shape after Ford thumbs its nose at its home state and decides to build a new manufacturing plant and three battery plants in Kentucky and Tennessee. GM is however more faithful to its ancestral home. According to documents released last week, it is set to invest more than $ 4 billion to build or expand electric vehicle production facilities in Wolverine State. (He’s also building battery factories in Ohio and Tennessee.)
Reuters said the money would be used to build a battery plant with LG Energy Solutions near Lansing and to reconfigure the Orion Township plant to build more electric vehicles based on the Ultium platform. Orion is where the Chevy Bolt – which doesn’t use the Ultium platform – is built. Production of this car is currently on hold due to the ongoing battery recall campaign. the Reuters It is not clear from the report whether the Bolt will continue to be built there in the future or whether it will move to another facility.
GM says its plans are “weeks away” from being confirmed. In a statement last Friday, the general said he was “developing business cases for potential future investments in Michigan,” but that “these projects are not approved and securing all available incentives will be essential. so that any business case continues to move forward. ” He says the Lansing battery plant “will generate significant economic activity throughout Michigan.” It’s music to the ears of Michigan lawmakers rushing to make sure enough public money is made available to meet GM’s expectations.
Ford got significant incentives from Kentucky and Tennessee to invest in those states. Earlier this year, Volkswagen Group CEO Herbert Diess visited Spain to warn officials to offer big incentives if he wants VW to invest in making electric vehicles there. Elon Musk recently launched a tirade on state subsidies, but failed to mention the tax incentive programs put in place by the state of Nevada and local Texas officials to attract his factories to their states, and how he played the different states and municipalities against each other. to get more grants. And so the game of “Who will pay us to build our factories?” Continues in Michigan and around the world.
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