Substantial Government Support for EV Transition
General Motors (GM) plans to invest at least $900 million to retool its Lansing Grand River Assembly Plant in Michigan for electric vehicle (EV) production, announced Energy Secretary Jennifer Granholm on Thursday. The transformation will be significantly supported by $500 million in government grants, part of a broader effort to modernize the auto industry.
Future Production Plans and Ongoing Operations
GM has yet to specify which EV models will be produced at the Lansing plant but confirmed that the facility will continue manufacturing the Cadillac CT4 and CT5. The automaker aims to phase out internal combustion engine vehicles by 2035, with this plant conversion being a critical step towards that goal. The plant will join other GM facilities in Michigan, Tennessee, Ohio, and Kansas in the shift to EV production.
Broad Federal Support for EV Manufacturing
The Department of Energy (DOE) announced a total of $1.7 billion in planned grants for 11 plants across eight states, including the significant grant for GM’s Lansing plant. This funding underscores the federal commitment to accelerating the transition to electric vehicles. Additionally, GM has committed over $12 billion in investments for North American EV manufacturing and supply chain development since 2020, including a $2.6 billion battery cell manufacturing plant in Lansing set to begin production later this year.
