Major automakers are finding that EV demand isn't as high as earlier forecast.
has already started at GM's Factory Zero plant near Detroit, where the GMC Hummer EV and Cruise Origin are also built. Sierra EV production will start at the Factory Zero plant as scheduled in 2024.
GM first made an announcement in early 2022 that it would add additional capacity for both electric full-size pickup trucks at the. The move was to see $4 billion invested in the site and 2,350 jobs added to the current 1,000 already at the site. The plant currently builds the Chevy Bolt and related Bolt EUV, but production of both compact EVs is scheduled to end this year, after which the Orion plant will be idled for about two years. GM in its latest announcement said existing plant employees will be reassigned.GM said the plan remains to start production of the Silverado EV and Sierra EV at the Orion plant in late 2025.
GM isn't the only major automaker scaling back its EV expectations. Ford this week cut a shift at the plant buildingManthey-Racing rolls out upgrades for the 991 Porsche 911 GT3 RS
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