TechNews

This is the best summary I could come up with:

General Motors is pushing its $4 billion plan to convert its Orion Assembly plant into an EV truck factory to late 2025, a year later than scheduled.

GM’s reasoning behind the delay  — which will mean Orion will sit idle for two years — is “to better manage capital investment while aligning with evolving EV demand,” the company said in a statement sent to TechCrunch.

That softening demand, which we’ve seen at other companies such as Lucid’s deliveries numbers reported Tuesday, is forcing automakers to adjust timelines and plans to pour billions into new factories or conversions of existing ones.

Union employees at Orion will be offered other jobs in Michigan, including positions at Factory ZERO Detroit-Hamtramck Assembly, where the GMC Hummer EV pickup and SUV, Chevrolet Silverado EV and Cruise Origin are being produced.

GM announced in January 2022 it would invest $4 billion to convert the Orion factory to produce electric trucks using the GM-developed Ultium Platform.

That conversion is part of a larger $7 billion investment in four Michigan factories focused on battery cell and electric truck manufacturing, including a third plant with partner LG Energy Solutions.

The original article contains 315 words, the summary contains 190 words. Saved 40%. I'm a bot and I'm open source!