General Motors plans to spend $ 800 million to convert a Canadian SUV plant into an electric delivery van manufacturer
NEW YORK – General Motors plans to spend $ 800 million to convert a Canadian SUV plant into an electric delivery van.
Work on the plant, located in Ingersoll, Ontario, will begin immediately and take two years. The plant currently makes Chevrolet Equinox SUVs.
The electric delivery vans are part of GM BrightDrop’s new venture, which is building electric vehicles for delivery companies. The growth of online shopping has boosted demand for electric vans as delivery companies look for cleaner vehicles to deliver packages.
BrightDrop is the first customer of FedEx, which will start acquiring GM EV600 electric vans later this year.