GM to Invest $154 Million into New York Plant for EV Components
General Motors (GM) has announced yet a second renovation project, which the company will use to create an electric vehicle (EV) hardware supply facility.
GM plans to invest almost $154 million USD into its Western New York Lockport Components plant, in order to outfit the facility to produce the company’s stator modules, a key piece of the EV, according to a press release shared by the automaker on Friday.
The renovation will include the installation of new machinery to produce the stator modules, which will be used as a part of GM’s Ultium EV platform.
GM Lands Tax Break for $1.3 Billion EV, Battery Expansion Plans in Detroit https://t.co/cAf7nSK1Oa
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GM executive vice president of Global Manufacturing and Sustainability Gerald Johnson said, “GM’s investment in Lockport Components reaffirms our commitment to manufacturing in Western New York and our confidence in this team. They will build a crucial module in our electric motor assembly for our future electric trucks and SUVs.”
Johnson continued, “This is an excellent example of how we are bringing our workforce along on the journey to an all-electric future while we scale our EV production capacity and maintain a flow of parts for our current vehicles.”
Through the renovation, GM estimates the addition of 230 positions, as stretched out from 2023 to 2026, though more detailed staffing plans are set to be unveiled once the facility reaches substantial production.