GM to invest $700m in Volt rechargeable electric car

General Motors will invest $336m in a Detroit-area assembly plant, bringing to $700m total investment in eight Michigan facilities to begin mass production of the rechargeable Chevrolet Volt electric car in late 2010.

GM is spending $336m to upgrade the Hamtramck plant; $202m for a new plant in Flint, north of Detroit, that will build 1.4 litre engine-generators; $43m for a plant in Brownstown Township outside Detroit that will manufacture battery packs; $37m for a camshaft and connecting rod plant in Bay City, north of Flint; and $27m for GM’s Tech Center in suburban Warren, a Detroit suburb, location of Volt’s battery laboratory.

“We expect the Detroit-Hamtramck plant will be the first facility in the U.S. owned by a major automaker to produce an electric…

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