General Motors is retooling its transmission manufacturing plant in Toledo, Ohio, USA, to begin additional electric drive production on site. The conversion will cost US$760 million, according to the American automaker.
The drive units manufactured in Toledo will be used in the company's electric vehicles based on the Ultium platform, for which GM introduced the Ultium Drive modular drive system in 2020. The current announcement mentions the Chevrolet Silverado EV, GMC Sierra EV, and Hummer EV electric pickup models. The plant will produce equipment for front, rear and all-wheel drive, GM adds.
Refurbishment work will begin in the coming days.
Acquired by GM in 1956, the Toledo Propulsion Systems plant currently manufactures GM's six, eight, and ten-speed rear-wheel drive and nine-speed front-wheel drive transmissions used in a variety of Chevrolet, Buick, GMC, and Cadillac vehicles. The plant employs about 1500 people. Since 2011, GM has invested more than $1.9 billion in Toledo. This already includes planned investments.