Hyperdrive

GM to Plan Third Electric-Vehicle Plant in Big Plug-In Bet

  • Former Saturn factory will make first fully electric Cadillac
  • Investment part of plan to launch 20 EVs globally by 2023
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General Motors Co. is investing more than $2 billion in six U.S. plants, including a makeover of a former Saturn plant in Tennessee into its third factory to produce electric models.

The automaker said Tuesday that it will build the first fully electric Cadillac -- the Lyriq crossover sport-utility vehicle -- in Spring Hill, Tennessee. As part of the decision, GM will move the Acadia SUV in the future to a plant in Lansing, Michigan.