GM invests in component plant to make new electric vehicle parts, creates 230 jobs
In its transition to becoming an all-electric car company, General Motors will invest $154 million in a component plant to begin manufacturing a key part used in its future electric vehicles.
GM said Friday that the Lockport Components plant in western New York will build the stator module for the electric motor. The module helps power electric trucks and SUVs based on the Ultium platform. The Ultium platform is GM’s proprietary propulsion system that will underpin the 30 new electric vehicles that GM has promised to bring to market by 2025.
GM is investing $35 billion by 2035 in the development of electric vehicles and self-driving cars, with the aspiration of having an all-electric vehicle lineup by then.
The investment in New York will create 230 new jobs at the plant from 2023 to 2026, GM said, adding that “actual staffing plans will be finalized closer to the start of production as the plant transforms to support the production of electric vehicle engine components”.
“This is a great example of how we are supporting our workforce on the journey to an all-electric future while increasing our electric vehicle production capacity and maintaining a flow of parts for our current vehicles,” said Gerald Johnson, executive vice president of GM. of Global Manufacturing and Sustainability, in a press release.
Lockport, New York is about 20 miles east of Niagara Falls. GM employs about 1,300 hourly workers and 200 salaried workers at the plant, where it manufactures radiators, condensers, heater cores, HVAC modules, oil coolers and other components for many Chevrolet vehicles, GMCs, Buicks and Cadillacs.
The $154 million investment will be used to renovate the facility, purchase and install new machinery and equipment used in the production of the stator module. Renovations to the property will begin immediately.