Search Results by Category

All information related to {{ key_word }}.
AI Navigation will guide you. Click here for information about {{ key_word }}.

1 - 20 of 126 results
GM to increase production in existing U.S. plants, hold pricing steady
from Mexico, she affirmed the company’s focus on maximizing capacity at its U.S. plants, numbering more than 50. Several GM facilities in the U.S. are currently below production capacity, including the company’s Factory Zero plant and Lansing Grand River plant, while other facilities, such as Orion and Fairfax, are currently idled. Barra also addressed vehicle pricing. Despite the expected increase in operational costs, GM does not curren...
News Updated at: 2025/05/03
GM’s EV-only plan for Orion Assembly Plant could change
GM’s EV-only plan for Orion Assembly Plant could change On April 29, a report said that General Motors is reevaluating the vehicle segment and powertrain types slated for production at its Orion Assembly Plant and may not exclusively produce fully electric vehicles after its retooling, citing two people familiar with the matter, as GM adjusts production to address consumer demand. GM planned to relaunch the Orion plant after a USD 4 billion ret...
News Updated at: 2025/05/01
American Battery Solutions to supply TICO commercial EVs in California
leet, and industrial on- and off-road vehicles. A subsidiary of Komatsu America Corp., the Michigan-based manufacturer offers a comprehensive range of capabilities and services to support the development and production of lithium-ion battery systems at its headquarters and innovation center in Lake Orion, Michigan, and state-of-the-art battery manufacturing facility in Springboro, Ohio. (American Battery Solutions release on April 28, 2025)...
News Updated at: 2025/04/29
GM, Lithium Americas finalize investment decision for Thacker Pass Mine
GM, Lithium Americas finalize investment decision for Thacker Pass Mine On April 1, Canadian mining company Lithium Americas announced it has finalized a USD 250 million investment from Orion Resource Partners, which will fund Phase 1 of the Thacker Pass mine in Nevada. Coinciding with this investment decision, GM and Lithium Americas contributed USD 100 million and USD 192 million in cash to the JV, respectively. Completion of Phase 1 of Thacker...
News Updated at: 2025/04/08
Mangrove Lithium secures USD 35 million for North America's first electrochemical lithium refining facility
l significantly enhance the lithium supply chain and bolster regional energy security. This milestone follows the successful closure of a USD 35M strategic investment round with participation from new investors including Mitsubishi Corporation, Asahi Kasei Corporation, InBC Investment Corp. (InBC), Orion Industrial Ventures, and Export Development Canada. Also joining the round were Mangrove’s existing investors, Breakthrough Energy Ventures, B...
News Updated at: 2025/01/29
GM delays Orion electric truck production to mid-2026
GM delays Orion electric truck production to mid-2026 On July 23, GM CEO Mary Barra told investors during the company's second-quarter earnings that GM is again delaying the launch of electric truck production at its Orion Assembly plant, this time by six months to mid-2026. Orion Assembly, which previously built the Chevrolet Bolt EV, was originally scheduled to begin Chevrolet Silverado EV and GMC Sierra EV production there in late 2024. In Oct...
News Updated at: 2024/07/25
GM receives USD 500 million from DOE for electrification of Lansing Grand River plant
eral Domestic Manufacturing Conversion Grant program which supports U.S. production of hybrid, plug-in electric hybrid, plug-in electric, and hydrogen fuel cell electric vehicles. Lansing Grand River will join other electrified GM plants, including Factory ZERO Detroit-Hamtramck Assembly Center and Orion Assembly in Michigan, Spring Hill Manufacturing in Tennessee, Fairfax Assembly in Kansas and Toledo Propulsion Systems in Ohio, as well as an ar...
News Updated at: 2024/07/12
Gestamp investing USD 390.2 million to expand in Michigan, supply GM’s EVs
50,000-square-foot plant in Chesterfield Township, where it will occupy a build-to-suit plant already under development on a 42-acre plot that allows for a 300,000-square-foot future expansion. Up to 390 workers at the Chesterfield factory will weld steel blanks to make assemblies for EVs at GM’s Orion Assembly. GM had delayed production of the Chevrolet Silverado EV and GMC Sierra EV at the Orion plant to late 2025, due largely to a slower dem...
News Updated at: 2024/07/11
GM, LG set up USD 150 million fund for Chevrolet Bolt EV owners with faulty batteries
in 2015, using batteries made by LG entities, and started recalls in 2020 after it faced numerous complaints about fires in some vehicles. In 2021, GM announced a billion dollar recall campaign to cover thousands of Bolts over battery fire risks, which had prompted GM to halt Bolt production at the Orion Township plant and sales for more than six months at that time. "GM, LG Energy Solution and LG Electronics have agreed to a settlement with plai...
News Updated at: 2024/05/18
Chevrolet Malibu production to end in November to prep Fairfax for Bolt
oth the Bolt EV and XT4 on the same assembly line, which gives GM flexibility to respond to changes in customer demand," Kelly said. GM previously announced it would invest about USD 390 million in Fairfax to make the Ultium-based Bolt after ending production of the previous generation Bolt at GM's Orion Assembly plant in December 2023.Based on Detroit News article on May 8, 2024...
News Updated at: 2024/05/09
American Battery Solutions receives USD 165.9 million conditional U.S. DOE loan
ed a conditional commitment to American Battery Solutions (ABS) for a USD 165.9 million loan to finance the expansion of an advanced battery pack assembly facility to support light-, medium- and heavy-duty electric vehicle (EV) and industrial equipment applications at its Springboro, Ohio, and Lake Orion, Michigan, facilities. If finalized, the loan will help enable ABS’s production of approximately 4.2 GWh of lithium-ion battery packs annual...
News Updated at: 2024/02/24
Gestamp plans USD 42.5 million plant to supply GM Orion Assembly
Gestamp plans USD 42.5 million plant to supply GM Orion Assembly Gestamp is investing USD 42.5 million to build a 460,000-square-foot plant in Chesterfield Township, Michigan that will employ 390 workers in early 2025 to weld steel blanks to make assemblies for General Motors' Orion Assembly factory. Site pre-development work is underway on the 42-acre plot, which allows for a 300,000-square-foot future expansion. The building itself will be made...
News Updated at: 2024/02/08
GM Lake Orion plant expansion underway
GM Lake Orion plant expansion underway General Motors is currently expanding its Lake Orion plant in Michigan, with an enormous new structure being added on the plant’s south side to support the production of new GM electric vehicles. The GM Lake Orion facility in Lake Orion, Michigan, currently covering 4.3 million square feet on 433 acres, is located at 4555 Giddings Road, with the additional new structure facing the adjacent Brown Road. Prod...
News Updated at: 2024/01/30
GM Toledo Plant to delay EV drivetrain production by nine months to Q4 2024
unch of the Silverado EV RST and Sierra EV. Start of regular production (SORP) for the Sierra EV Denali has been moved from early 2024 to summer 2024. Additionally, while Silverado EV and Sierra EV units will be built at the Factory Zero plant in Michigan in 2024, planned production at the Lake Orion plant has been postponed by a year to calendar 2025. The retooling of the production line that previously produced six-speed transmissions is pa...
News Updated at: 2023/12/19
GM to lay off 1,314 workers at two Michigan plants as Chevrolet Bolt and Camaro production ends
GM to lay off 1,314 workers at two Michigan plants as Chevrolet Bolt and Camaro production ends According to Worker Adjustment and Retraining Notifications (WARN) filed by General Motors Co., the automaker will indefinitely lay off 1,314 workers at the Orion Assembly plant in Orion Township and the Lansing Grand River Assembly plant in Lansing. The layoffs are due to the end of production of the Chevrolet Bolt and Camaro at the Orion Assembly and...
News Updated at: 2023/12/16
GM to launch next-gen Chevrolet Bolt EV/EUV in 2025
GM to launch next-gen Chevrolet Bolt EV/EUV in 2025 On December 4, GM CEO Mary Barra revealed that the next generation of the Chevrolet Bolt EV and Bolt EUV will arrive in 2025. GM plans to discontinue the Bolt and Bolt EUV at the end of 2023 as it prepares to retool the Orion Assembly Plant to make electric pickups by late 2025. The Bolt EV and EUV currently are built on GM's older battery platform and will be redesigned and reintroduced on it...
News Updated at: 2023/12/07
GM details cost of UAW, Unifor contracts, reiterates EV push while considering new hybrids
ompany USD 9.3 billion over the life of the deals and add USD 575 to the average cost of a new vehicle, though GM expects to be able to offset the costs of the new labor agreements in the 2024 budget through initiatives already underway. While GM has pushed back EV truck production by a year at its Orion Assembly plant, it continues to scale production at its Factory Zero plant, where EV trucks are also built, as well as at its Oshawa plant in Ca...
News Updated at: 2023/12/01
Kumho Tire to develop sustainable tires with Orion Korea
Kumho Tire to develop sustainable tires with Orion Korea Kumho Tire Co., Ltd. (Kumho Tire) announced that it has signed a memorandum of understanding (MOU) with Orion Korea Co., Ltd. (Orion Korea) to develop sustainable tires and their raw materials jointly. Orion Korea is a South Korean arm of a US specialty chemical product manufacturer, Orion S.A. The two companies plan to promote a research and development project for tires that use carbon bl...
News Updated at: 2023/11/30
American Battery Solutions to be acquired by Komatsu
ABS’ battery technology with Komatsu’s knowledge and network. Komatsu is planning to close the acquisition on 1st Dec, 2023, on the condition that all necessary procedures for the closing are completed. ABS has nearly 200 employees at its 120,000-square-foot technical innovation center in Lake Orion, Michigan and a dedicated 170,000-square-foot purpose-built state of the art battery manufacturing facility in Springboro, Ohio. (American Bat...
News Updated at: 2023/11/21
GM to invest in EV, ICE manufacturing plants in UAW tentative agreement
the details of the tentative agreement with General Motors that among other things, explains the investment GM is making toward each of its manufacturing plants over the length of the 4 and a half year contract its members will be voting on to ratify. Electric vehicle program investment: • Orion Assembly- USD 4 billion for future EV products • Springhill Assembly- USD 2 billion for 2 GM EVs, 1 partner EV • Lansing Gra...
News Updated at: 2023/11/07