(CNN) General Motors is investing $760 million in its Toledo Propulsion Systems factory, which builds transmissions for gas-powered vehicles, so that it can make electric drive units for electric vehicles, too.
The drive units will be used in GM electric trucks, the automaker said, including the GMC Hummer EV, which is currently in production, and the upcoming Chevrolet Silverado EV and GMC Sierra EV.
It will be GM's first US engine or transmission factory adapted for electric vehicle-related production.
Electric drive units include an electric motor, one-speed transmission and power electronics that bring power to and from the motor.
For the now, at least, the factory will continue building transmissions for front- and rear-wheel-drive gas-powered vehicles along with the electric drive units, GM spokesman Dan Flores said.