GM postpones ramp-up of its electric pickup production - News Summed Up

GM postpones ramp-up of its electric pickup production


General Motors is postponing ramping up the production of its electric pickup trucks -apparently due to weakening demand. The carmaker wanted to add production lines at a second facility, the Orion Township assembly plant in the US state of Michigan, where production of the Chevrolet Silverado EV and the upcoming electric GMC Sierra EV was supposed to start in 2024. According to GM, the start of production of the Silverado EV and Sierra EV in Orion would be delayed to better manage capital investments in electric vehicles and align the investment with evolving demand. GM currently manufactures the Chevrolet Silverado EV in Detroit-Hamtramck, along with the GMC Hummer EV pickup and SUV, and the Cruise Origin electric shuttle. Production in Detroit-Hamtramck will continue and production of the GMC Sierra EV is scheduled to begin there next year.


Source: CNN October 18, 2023 10:02 UTC



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