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GM is spending $2 billion on a factory to make electric vehicles - not in Louisiana
Posted on 10/20/20 at 3:54 pm
Posted on 10/20/20 at 3:54 pm
quote:
General Motors plans to spend $2 billion to convert its Spring Hill, Tennessee, assembly plant into a third U.S. site to build future electric vehicles.
The Detroit automaker also says it will spend another $153 million to upgrade five Michigan factories for future vehicles.
The company will build the Cadillac Lyriq, a small electric SUV, at the Spring Hill factory. Gasoline-powered Cadillac SUVs will continue to be built at the plant, and it will also get additional unspecified electric vehicles, GM said in prepared statement Tuesday.
“We're investing in U.S. manufacturing to ensure that GM can build the vehicles that customers love today as well as transition to an all-electric future,” Gerald Johnson, GM's executive vice president of global manufacturing, said during an online announcement. “We want to put everyone in an electric vehicle.”
The Lyriq is due in showrooms sometime late in 2022. GM also is expected to announce details of an all-electric GMC Hummer pickup truck this week. They’re among 20 electric models the company plans to sell globally by 2023.
LINK
How did Louisiana miss out on all of the car plants over the past 20 years? BMW, Mercedes-Benz, Hyundai, Toyota, Kia, Nissan.....all new factories spread out across all southern states except Louisiana and Arkansas.
26
Posted on 10/20/20 at 3:55 pm to dewster
I would spend 2 BILLION dollars not in Louisiana too, if I had it
Posted on 10/20/20 at 3:55 pm to dewster
quote:
How did Louisiana miss out on all of the car plants over the past 20 years?
The most corrupt political system in the history of the United States.
Posted on 10/20/20 at 3:55 pm to dewster
quote:
How did Louisiana miss out on all of the car plants over the past 20 years?
the scary part is i don't know what else is left or what LA can recruit, but it seems to doom LA's future
Posted on 10/20/20 at 3:55 pm to dewster
Shreveport had one.
Elio Motors conned Shreveport.
Shreveport then got fricked by Elio.
Elio Motors conned Shreveport.
Shreveport then got fricked by Elio.
This post was edited on 10/20/20 at 3:56 pm
Posted on 10/20/20 at 3:55 pm to dewster
It's pretty simple
This post was edited on 10/20/20 at 3:57 pm
Posted on 10/20/20 at 3:56 pm to dewster
Look at who's in the governor's office and at all of the billboards in the state.
Posted on 10/20/20 at 3:57 pm to theunknownknight
quote:
I would spend 2 BILLION dollars not in Louisiana too, if I had it
I think Sasol invested a lot into Lake Charles...
But a car plant is also labor intensive and comparatively low emissions. It would be ideal for non-coastal Louisiana cities like Baton Rouge, Alexandria, Shreveport, Monroe, Hammond, etc.
Posted on 10/20/20 at 3:58 pm to dewster
Why would anyone invest into a state that tries to fleece Exxon (one of the few big employers) and is run by the likes of JBE and his attorney friends?
Posted on 10/20/20 at 4:00 pm to goofball
quote:
I think Sasol invested a lot into Lake Charles...
They did along with others. LC has been the shining bright spot in LA as far as economics go for 3 or 4 years now atleast.
Hurricane put a damper on that, we will see how we recover.
But overall LC shouldnt be the only area of the state doing well and receiving investment.
This post was edited on 10/20/20 at 7:45 pm
Posted on 10/20/20 at 4:00 pm to LoneStar23
quote:
It's pretty simple
Glad it's not just me. It seems like the Jindal administration (especially with Steve Moret) was constantly trying to recruit new companies to the state.
Moret left the state for Virgina and recruited Amazon HQ2 for them.
Posted on 10/20/20 at 4:01 pm to lsu777
quote:
But overall LC should be the only area of the state doing well and receiving investment.
Posted on 10/20/20 at 4:15 pm to Trout Bandit
I did not vote for JBE, and for the record I can’t stand him, but the last two governors Before him didnt do anything to try to get jobs here as well
Posted on 10/20/20 at 4:17 pm to GreenRockTiger
I completely agree. Jindal and Blanco were garage too.
Posted on 10/20/20 at 4:17 pm to Trout Bandit
Who was our last decent governor? Mike Foster I guess?
Posted on 10/20/20 at 4:26 pm to fightin tigers
quote:
Shreveport had one.
Elio Motors conned Shreveport.
Shreveport then got fricked by Elio
That was the old GM plant in Shreveport.
To the OP... it's because the 2 billion price tag would have risen to 2.5 billion with 500 million of bribes needed to get all the approvals.
Posted on 10/20/20 at 4:29 pm to LSUFanHouston
That's why Sasol cost $12.9 Billion and was 50% overbudget.
Posted on 10/20/20 at 4:47 pm to LSUFanHouston
quote:
Elio Motors conned Shreveport.
They said they needed a half billion dollars to get rolling. Did they give all of those deposits back?
Posted on 10/20/20 at 4:51 pm to dewster
In Williamson Co? Well I am shocked [not shocked]
Posted on 10/20/20 at 4:53 pm to dewster
So much for those flying cars I was promised as a kid.
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