General Motors to Invest $336 Million in Volt Plant

The Detroit-Hamtramck General Motors plant will see a $336 million investment to update it for Volt production. The plant, located just outside Detroit, will be the final assembly point for the Volt when it debuts as a 2011 model.

As GM is committed to more than $700 million in Michigan-based investments, most of the Chevy Volt components will be sourced from the state. The Volt's lithium-ion battery pack, engine components, and 1.4-liter engine/generator will all be manufactured there.

"We expect the Detroit-Hamtramck plant will be the first facility in the U.S. owned by a major automaker to produce an electric car," said Jon Lauckner, GM vice president of global product planning. Debuting in 2007 at the Detroit Auto Show, the Volt began a trend of announcing plug-in hybrid and electric vehicles. To date, some 30 vehicles falling into either of those categories have been announced. "This competition will expedite the development of electric vehicle technology and infrastructure," added Laukner. A vehicle of this type has yet to make it into production by a major automaker.

The 2011 Volt will begin production in late 2010 and should be at dealerships before the end of that year.

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