GM announces $336 million investment in Detroit plant to build Chevrolet Volt

(December 8, 2009) DETROIT — General Motors will invest $336 million in the Detroit-Hamtramck assembly plant to begin production of the Chevrolet Volt electric car in 2010.

This brings GM’s combined Volt-related investments in Michigan to $700 million, covering eight facilities. Detroit-Hamtramck will be the final assembly location for the Volt, using tooling from Grand Blanc, lithium-ion batteries from GM’s Brownstown Township battery pack manufacturing facility, camshafts and connecting rods from Bay City, and stampings and the Volt’s 1.4L engine-generator from Flint.

“We expect the Detroit-Hamtramck plant will be the first facility in the U.S. owned by a major automaker to produce an electric car. It is the hub for the wheel that we began rolling in 2007 when the Volt debuted at the North American International Auto Show in Detroit,” said Jon Lauckner, GM vice president of global product planning. “Since then, the field of challengers and partners has grown significantly. This competition will expedite the development of electric vehicle technology and infrastructure.”

In addition to GM’s $700 million in Volt-related facility investments, there are the many suppliers, utility companies and organizations investing in Michigan and the U.S. to support Volt production and electric vehicle development. In August, the U.S. Department of Energy selected 45 companies, universities and organizations in 28 states for more than $2 billion in awards for electric drive and battery manufacturing and transportation electrification.