OHIO – General Motors Co. (NYSE: GM) announced today it will invest $760 million at its Toledo, Ohio propulsion manufacturing operations to prepare the facility for production of drive units that will be used in future Ultium-based battery electric trucks, including the Chevrolet Silverado EV, GMC Sierra EV and GMC HUMMER EVs. Toledo Propulsion Systems will be GM’s first U.S. powertrain or propulsion-related manufacturing facility transformed for EV-related production.
According to the company, this will create new job opportunities and bring employees along with the company’s EV Transformation.
Once the plant is converted it will produce GM’s family of EV drive units, which convert electric power from the battery pack to mechanical motion at the wheels. GM’s EV drive units will cover front-wheel drive, rear-wheel drive and all-wheel drive propulsion combinations, including high-performance and off-road capabilities.
“Our Toledo team has a long, proud history of building great products and they have worked hard to earn this investment,” said Gerald Johnson, GM executive vice president of Global Manufacturing and Sustainability. “This investment helps build job security for our Toledo team for years to come and is the next step on our journey to an all-electric future.”
Currently, the plant builds six, eight, and ten-speed rear-end drive transmissions that are used in Chevrolet, Buick, GMC, and Cadillac products. The location employs around 1,500 people