{"id":1722,"date":"2023-10-17T17:43:15","date_gmt":"2023-10-17T17:43:15","guid":{"rendered":"https:\/\/connectwithfund.com\/news\/gm-to-delay-all-electric-truck-production-at-michigan-plant-until-late-2025\/"},"modified":"2023-10-17T17:43:16","modified_gmt":"2023-10-17T17:43:16","slug":"gm-to-delay-all-electric-truck-production-at-michigan-plant-until-late-2025","status":"publish","type":"post","link":"https:\/\/connectwithfund.com\/?p=1722","title":{"rendered":"GM to delay all-electric truck production at Michigan plant until late-2025"},"content":{"rendered":"<div id=\"RegularArticle-ArticleBody-6\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-6-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"><\/span><\/p>\n<div class=\"group\">\n<p>DETROIT \u2013 <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-1\">General Motors<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"><\/span><\/button><\/span><\/span><\/span> said Tuesday it is delaying production of all-electric trucks at a Michigan plant by at least a year to &#8220;better manage capital investments&#8221; and implement improvements in an effort to make the new EVs more profitable.<\/p>\n<p>GM now plans to begin construction of its next-generation EVs at Orion Assembly in suburban Detroit by late-2025, instead of next year. The factory currently produces the Chevrolet Bolt EV and EUV, which GM will cease producing at the end of this year.<\/p>\n<p>The change in plans is not connected to the company&#8217;s ongoing contract negotiations with the United Auto Workers union, according to a GM spokesman. However, the contentious talks do involve EVs, and potential contracts are expected to be more expensive than those in year&#8217;s past.<\/p>\n<p>In January 2022, GM announced it would invest $4 billion to convert Orion Assembly to produce electric trucks. GM said construction includes significant facility and capacity expansion at the site, including new body and paint shops and new general assembly and battery pack assembly areas.\u00a0<\/p>\n<p><em>This is breaking news. Please check back for additional details.<\/em><\/p>\n<\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.cnbc.com\/2023\/10\/17\/gm-to-delay-ev-truck-production-at-michigan-plant.html\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>DETROIT \u2013 General Motors said Tuesday it is delaying production of all-electric trucks at a Michigan plant by at least a year to &#8220;better manage capital investments&#8221; and implement improvements in an effort to make the new EVs more profitable. GM now plans to begin construction of its next-generation EVs at Orion Assembly in suburban Detroit by late-2025, instead of next year. The factory currently produces the Chevrolet Bolt EV and EUV, which GM will cease producing at the end of this year. The change in plans is not connected to the company&#8217;s ongoing contract negotiations with the United Auto<\/p>\n","protected":false},"author":1,"featured_media":1723,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[42],"tags":[],"class_list":["post-1722","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>GM to delay all-electric truck production at Michigan plant until late-2025 | ConnectWithFund<\/title>\n<meta name=\"description\" content=\"DETROIT \u2013 General Motors said Tuesday it is delaying production of all-electric trucks at a Michigan plant by at least a year to &quot;better manage capital\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" 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