GM is ramping up its electric vehicle efforts, including commercial EVs like the BrightDrop Zevo 400. Now, BrightDrop Chief Commercial Officer Steve Hornyak has revealed when production of the Zevo 400 will officially get underway.
In a recent interview with Automotive News, Hornyak stated that production of the BrightDrop Zevo 400 will begin in the fourth quarter of the 2023 calendar year at the GM CAMI plant in Canada. The facility is already producing the larger BrightDrop Zevo 600 all-electric delivery van, which began rolling off the line earlier this month.
Both BrightDrop Zevo vehicles feature GM Ultium batteries and GM Ultium drive motors, with the Zevo 600 offering upwards of 600 cubic-feet of cargo room, and Zevo 400 offering upwards 400 cubic-feet of cargo room. While the Zevo 600 can cover as much as 250 miles on a full battery charge and is suited for long-distance deliveries, the Zevo 400 is intended for more frequent, shorter-distance deliveries, such as for groceries.
BrightDrop has already collected over 25,000 reservations and letters of intent for its new all-electric delivery vans. Noteworthy customers include Verizon, Walmart, and Hertz. FedEx has already taken deliveries of the first Zevo 600 units, which are now in operation in California. Additionally, BrightDrop recently expanded its business to Canada, adding DHL to its customer list.
GM hopes to produce as many as 50,000 units of the new BrightDrop Zevo vans annually at the CAMI facility by the 2025 calendar year. According to GM, BrightDrop is on track to generate upwards of $1 billion in revenue next year, and $10 billion in revenue on 20 percent profit margins by the end of the decade.
BrightDrop’s plans hinge on a steady supply of GM Ultium batteries. As such, The General is ramping up its battery production operations under a joint effort with LG Energy dubbed Ultium Cells LLC. Ultium Cells is now operating a new battery facility in Ohio following a grand opening in September, with two additional battery facilities in the U.S. under construction, and a fourth on the horizon.