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    Home » General Motors is investing $854 million to build V8 engines amid EV shift
    Investing

    General Motors is investing $854 million to build V8 engines amid EV shift

    paydayloansallonline_110na0By paydayloansallonline_110na0January 20, 2023No Comments2 Mins Read
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    Fox News Digital Automotive Editor Gary Gastelu talks to General Motors President Mark Reuss about the automaker’s big foray into electric vehicles at Varney & Co.

    General Motors’ “ICE” era isn’t over yet.

    The automaker has announced an $854 million investment in four plants to build a new generation of V8 internal combustion engines (ICEs) for full-size trucks and SUVs.

    “These investments, combined with the hard work and dedication of our team members in Flint, Bay City, Rochester and Defiance, will help us build world-class products for our customers and secure jobs at these factories for years to come. It allows us to do that,” said Gerald. GM’s Executive Vice President of Global Manufacturing and Sustainability, He Johnson, said:

    The funds will be used for engine and component manufacturing at Flint Engine Operations and Bay City GPS in Michigan, Defiance Operations in Ohio and Rochester Operations in New York.

    General Motors’ latest business?tesla repair

    flint gm truck

    The investment will support the production of V8 engines for GM’s heavy-duty trucks. (Jeff Kowalski/AFP via Getty Images)

    An additional $64 million has been allocated for the production of electric vehicle components in Defiance and Rochester. This is part of his $35 billion he plans to spend on EVs and self-driving technology by 2025.

    Silverado EV

    The Chevrolet Silverado EV will go on sale this year. (AP Photo/Paul Sancya / AP Newsroom)

    General Motors aims to convert its entire mini vehicle lineup to electric by 2035, and will launch the Chevrolet Silverado EV full-size pickup this year, but internal combustion engine powertrains will remain in certain product segments as EVs. indicates that it will continue to be used in Technology evolves.

    Brand Loyalty Out the Window With New EVs

    GM President Mark Reuss told Fox Business in November:

    GMC and Chevrolet pickup trucks

    GM is the number one seller of full-size trucks. (Joshua Lott/Getty Images/Getty Images)

    “We have truck leadership at GMC and Chevrolet. We’ve got it in medium trucks, heavy trucks and beyond.”

    General Motors was the top-selling large pickup and SUV maker in the U.S. in 2022.

    CLICK HERE TO GET FOX BUSINESS ON THE GO

    Details of the sixth-generation V8 and the vehicles it will be used in have not been announced.



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