GM introduces the Chevy Volt

Holland's $304 million battery plant has been identified as one the key pieces to the success of the 2011 Chevrolet Volt. Consumers were given a glimpse as to what to expect from this vehicle before it hits the market later this year.

According to excerpts from the story in the Detroit News:
In addition to revealing new details about the Volt, GM also said today it has invested more than $700 million in eight Michigan plants to manufacture the car and its components. The automaker will begin building Volts for the retail market in mid November.

Included in those investments: $336 million at the Detroit-Hamtramck plant where GM will assemble the Volt $43 million at Brownstown Battery Assembly, where it will make battery packs for the car $202 million at Flint Engine South where it will build the Volt's 1.4L engine and a 1.4L turbocharged engine for the Chevrolet Cruze.

Additionally, GM's battery cell supplier LG Chem and subsidiary Compact Power, have begun construction on a $304-million battery plant in Holland, Mich.

Read the complete story here:
http://www.detnews.com/article/20101010/AUTO01/10100301/1149/AUTO03/Chevy%E2%80%99s-Volt-meets-the-press#ixzz123wIRtJC
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