General Motors Co said on Tuesday it will invest $2 billion to convert its Spring Hill, Tennessee, factory to produce electric vehicles, starting with the new Cadillac Lyriq, alongside existing combustion-engine Cadillacs.
Spring Hill will be GM's third US electric vehicle factory, along with existing plants in Detroit and Orion Township, Michigan. The Tennessee plant was built in 1990 as the exclusive source for GM's now-defunct Saturn brand.
The Cadillac Lyriq crossover is slated to go into production in Spring Hill in late 2022, according to Auto Forecast Solutions (AFS), which tracks industry production plans.
AFS said it expects some electric vehicle production