Posted on 01/20/2023 12:18:34 PM PST by Red Badger
Jan. 20 (UPI) -- General Motors announced Friday it will invest $918 million in four of its plants to build its sixth-generation small block V-8 engine and to support electric vehicle production.
The Flint Engine Operations plant in Flint, Mich., will get $579 million for new V-8 engine production. GM will invest $216 million in its Bay City, Mich., GPS plant to support Flint engine production.
Defiance, Ohio will get a $55 million investment, including $8 million to "support future EV strategies." And in Rochester, N.Y., GM plans to invest $68 million, including $56 million for battery pack cooling lines for EV production.
"These investments, coupled with the hard work and dedication of our team members in Flint, Bay City, Rochester and Defiance, enable us to build world-class products for our customers and provide job security at these plants for years to come," GM Executive Vice President Gerald Johnson said in a statement.
GM has more than 50 assembly, stamping, propulsion and component plants and parts distribution centers in the United States.
The auto maker said it has invested more than $37 billion in U.S. manufacturing since 2013, including the Ultium Cells joint venture EV battery plants.
In December, workers at the Ultium Cells in Warren, Ohio, became the first joint-venture EV facility to join the United Auto Workers union.
"Our union celebrates the announcement of these new investments into our GM facilities," UAW President Ray Curry said in a statement. "The skill and dedication of UAW members are a key part of GM's success, and this investment recognizes that our members will remain a vital part of GM's future."
The U.S. Department of Energy reached an agreement in December on a $2.5 billion loan for a partnership between General Motors and LG Energy Solutions to construct three EV battery facilities in Michigan, Ohio and Tennessee.
V8 Ev’s? Sounds like an oxymoron.
The V-8s will be needed to tow the EVs.....................
What in the world???
Total investment: $918 million
“support future EV strategies”: $8 million
“battery pack cooling lines for EV production”: $56 million
That’s $66 million out of $918 million for electric propulsion. That’s only 7%.
Did Toyota buy GM? This sounds like the Toyota CEO talking.
Did I miss something here?
“V8 EV” — it’s a tricky way to throw the greenies off.
10% for the Big Guy....................
Made by the UAW. I hope the go under.
Five years from now we get to bail them out...
Again.
Like Musk, Buffet, Pickens and others. GM wants on the govt gravy train.
General Dynamics should work with GM to make an EAbrams tank!
We could send them to Ukraine for real world testing.
https://www.forbes.com/sites/edgarsten/2023/01/04/general-motors-reclaims-us-sales-title/
Due to fleet sales.
Quid pro quo...?
GM once had the most reliable Gas V8’s. And V6’s too. Many of them based somehow on the original 350. As soon as they started improving them then reliability went to crap. Plastic everywhere.
You know what the EV buyer said, don’t you?
“I could’ve had a V-8.”
🤦♂️👍😁...............................
Blame the Government, not the engineers............
I agree - small block ICE in EVs sounds very much like the direction Toyota is heading with their hybrids. And ICE/EV propulsion is the most sensible way to go if one simply must make a political statement by driving an EV.
Meet the 2024 Corvette E-Ray. Electric Business Up Front, V8 Party in the Back:
All-New 2024 Corvette E-Ray | Chevrolet
Chevy tuned it for all-weather stability and insane burst performance, not fuel efficiency.
Check out my link in post 17…
V-8s for our overlords and EVs for their servitors?
(No travel to speak of for the masses.)
Can the alternator count as the EV part?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.