• About
    • Which Energy Mix is this?
  • Climate News Network Archive
  • Contact
The climate news that makes a difference.
No Result
View All Result
The Energy Mix
  • Canada
  • UK & Europe
  • Fossil Fuels
  • Ending Emissions
  • Community Climate Finance
  • Clean Electricity Grid
  • Cities & Communities
SUBSCRIBE
DONATE
  • Canada
  • UK & Europe
  • Fossil Fuels
  • Ending Emissions
  • Community Climate Finance
  • Clean Electricity Grid
  • Cities & Communities
SUBSCRIBE
DONATE
No Result
View All Result
The Energy Mix
No Result
View All Result
  • Canada
  • UK & Europe
  • Fossil Fuels
  • Ending Emissions
  • Community Climate Finance
  • Clean Electricity Grid
  • Cities & Communities
  FEATURED
Danske Bank Quits New Fossil Fuel Financing January 23, 2023
Extreme Warming Ahead Even as Worst-Case Scenarios Grow ‘Obsolete’ January 23, 2023
Notley Scorches Federal Just Transition Bill as Fossil CEO Calls for Oilsands Boom January 23, 2023
IRON OXIDE: New Battery Brings Long-Duration Storage to Grids, 750 Jobs to West Virginia January 23, 2023
BREAKING: GFANZ Banks, Investors Pour Hundreds of Billions into Fossil Fuels January 17, 2023
Next
Prev

GM Investing $7B in Michigan EV, Battery Plants

February 2, 2022
Reading time: 2 minutes

General Motors/wikimedia commons

General Motors/wikimedia commons

1
SHARES
 

General Motors has announced a US$7-billion deal to build electric vehicle infrastructure in Michigan, signalling that the auto giant and state leaders are adapting to the changing industry to retain jobs and strengthen the region’s economy.

The investment will help make Michigan “the epicentre of the electric vehicle industry,” said GM Chair and CEO Mary Barra at an announcement to legislators, officials, and GM workers.

  • Concise headlines. Original content. Timely news and views from a select group of opinion leaders. Special extras.
  • Everything you need, nothing you don’t.
  • The Weekender: The climate news you need.
New!
Subscribe

The giant automaker is planning a new battery production plant just outside Lansing, set to open in 2025, plus electric truck assembly capacity at nearby Lake Orion, beginning in 2024, adding up to GM’s largest single investment ever, reports Bridge Michigan. Orion Township Supervisor Chris Barnett referred to it as “the big one,” predicting that “there will be ripple effects in our community for decades and decades to come.”

The deal has received $666 million in new incentives from the state, plus property tax breaks of $158 million. The incentives consume two-thirds of the state’s billion-dollar fund to subsidize large-scale projects, and helped balance out cost disadvantages facing projects in Michigan compared to other U.S. states.

By securing the investment, Michigan will retain more jobs during a nation-wide shift to electric vehicles that alters the entire auto industry, Bridge Michigan says. U.S. President Joe Biden noted in a statement that GM’s decision is the latest in more than $100 billion in investment over the last year, all focused on EV and battery manufacturing.

GM expects to have 30 electric vehicle models in its product lineup by 2025, and the new manufacturing capacity in Michigan positions the automaker for more control over the supply chain. The two new sites are expected to produce 4,000 jobs, and Michigan Governor Gretchen Whitmer said the investments should generate $35 billion in personal income over the next 20 years for those hired to build and staff the plants.

For many, the investment’s potential recalls an era when GM’s presence drove massive growth in the state before the company filed for bankruptcy in 2009.

Michigan was passed over by GM for several other proposed investments in recent years. The new deal is being celebrated by Democrats and Republicans alike, and labour leaders also cheered the move, with employees “totally elated,” said James Harris, director of United Auto Workers Region 1, representing Lake Orion.



in Auto & Alternative Vehicles, Batteries / Storage, Community Climate Finance, Ending Emissions, Energy Subsidies, Jobs & Training, Sub-National Governments, Supply Chains & Consumption, United States

The latest climate news and analysis, direct to your inbox

Subscribe

Related Posts

RL0919/wikimedia commons
Finance & Investment

Danske Bank Quits New Fossil Fuel Financing

January 23, 2023
2.2k
@tongbingxue/Twitter
Ending Emissions

Extreme Warming Ahead Even as Worst-Case Scenarios Grow ‘Obsolete’

January 23, 2023
288
Rachel Notley/Facebook
Jobs & Training

Notley Scorches Federal Just Transition Bill as Fossil CEO Calls for Oilsands Boom

January 23, 2023
268

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Trending Stories

EcoAnalytics

Albertans Want a Just Transition, Despite Premier’s Grumbling

January 23, 2023
245
United Nations

Salvage of $20B ‘Floating Time Bomb’ Delayed by Rising Cost of Oil Tankers

January 27, 2023
50
RL0919/wikimedia commons

Danske Bank Quits New Fossil Fuel Financing

January 23, 2023
2.2k
@tongbingxue/Twitter

Extreme Warming Ahead Even as Worst-Case Scenarios Grow ‘Obsolete’

January 23, 2023
288
Weirton, WV by Jon Dawson/flickr

IRON OXIDE: New Battery Brings Long-Duration Storage to Grids, 750 Jobs to West Virginia

January 23, 2023
511
Rachel Notley/Facebook

Notley Scorches Federal Just Transition Bill as Fossil CEO Calls for Oilsands Boom

January 23, 2023
268

Recent Posts

Sergio Boscaino/flickr

Dubai Mulls Quitting C40 Cities Over ‘Costly’ Climate Target

January 24, 2023
89
hangela/pixabay

New UK Coal Mine Faces Two Legal Challenges

January 24, 2023
46

Gas Stoves Enter U.S. Climate Culture War, Become ‘Bellwether’ for Industry

January 22, 2023
75
Jeff Hitchcock/flickr.

BREAKING: GFANZ Banks, Investors Pour Hundreds of Billions into Fossil Fuels

January 23, 2023
498

Exxon Had the Right Global Warming Numbers Through Decades of Denial: Study

January 17, 2023
226
willenhallwench / Pixabay

Ontario Greenwashes with ‘Misleading, Illegitimate’ Emission Credits

January 16, 2023
314
Next Post
Energiesprong International/wikimedia commons

Federal Budget Needs $5B for Net-Zero Retrofits, Efficiency Canada Tells Ottawa

The Energy Mix - The climate news you need

Copyright 2023 © Energy Mix Productions Inc. All rights reserved.

  • About
  • Contact
  • Privacy Policy and Copyright
  • Cookie Policy

Proudly partnering with…

scf_withtagline
No Result
View All Result
  • Canada
  • UK & Europe
  • Fossil Fuels
  • Ending Emissions
  • Community Climate Finance
  • Clean Electricity Grid
  • Cities & Communities

Copyright 2022 © Smarter Shift Inc. and Energy Mix Productions Inc. All rights reserved.

Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behaviour or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
View preferences
{title} {title} {title}