The company provided a few product peeks and a roundup of technology and partnerships—all supporting its Dare Forward 2030 long-term strategy for ‘cutting-edge freedom of mobility,’ with four core targets around improving carbon footprint, BEV sales mix, customer experience, and financials.
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The $7 billion investment in Michigan will make Orion Assembly the second U.S. plant building the electric Chevrolet Silverado EV and GMC Sierra and build the third U.S. Ultium Cells battery manufacturing plant—for more than 1 million in EV unit capacity in North America by the end of 2025.
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The soon-to-go-public California-based company will supply startup electric truck maker Volta’s Zero and Komatsu on its first battery-electric middle-class hydraulic excavator concept.
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