General Motors Announces $760M Plan to Make EV Plant in Toledo
General Motors plans a $760-millon capital investment to installed manufacturing capability for electric-vehicle drive units at the Toledo (Ohio) Propulsion Systems plant – a project that will start this month, according to a statement. Without detailing the scope or duration of the revamp project, GM explained that the plant will be producing drive units for Ultium-based battery electric trucks, including the Chevrolet Silverado EV, GMC Sierra EV and GMC HUMMER EVs.
Toledo will be GM’s first U.S. powertrain or propulsion-related manufacturing plant to have EV-related production capability.
Electric drive units (EDUs), like a transmission system working with an internal combustion engine, are the means for transferring power from the energy source to the vehicle’s gears, axles, and wheels. Typically, there are three component parts – power electronics, gearbox, and the electric motor – working in combination to power the vehicle.