GM Invests Nearly $2 Billion To Produce Electric Vehicle At Tennessee Plant

General Motors will invest a signification amount of money to convert a Tennessee assembly plant into its third U.S. site for building electric vehicles.

The company announced its $2 million plan to convert its Spring Hill assembly plant to focus on building the Cadillac Lyriq, a new small electric SUV, on Tuesday morning, NewsChannel 5 reports. The Spring Hill plant will continue to produce gasoline-powered Cadillac SUVs, while also getting an unspecified amount of electric vehicles.

The Lyriq is expected to hit showrooms in late 2022 and will be among 20 electric vehicles produced by General Motors for global sales by 2023, NewsChannel 5 reports.

“Tennessee is committed to supporting the growth of advanced manufacturing, and in the automotive sector, the focus is on electric vehicles. This substantial investment by General Motors will support our efforts to become a leading state for electric vehicle manufacturing, and we thank GM, Maury County and Spring Hill for their continued partnership," said Governor Bill Lee.

GM officials said the expansion will include changes to the Spring Hill plant's paint and body shop, as well as a a massive overhaul of general assembly lines, which will take place immediately. The Spring Hill manufacturing plant is the largest GM facility in North America.

The decision isn't expected to create new jobs, but will likely help keep existing ones in tact. GM said it also plans to spend an additional $153 million to upgrade five factories in its home state of Michigan for future vehicle production.

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