Significant amounts will be spent on updating full-size truck and SUV production. GM declined to release product details, timing, performance and other aspects related to GM’s next gen V8 engine. As with other automakers, vehicles with internal combustion engines (ICEs) will still play a role as GM converts to EVs. ICEs power GM’s most profitable vehicles. GM said its spending and plans for U.S. manufacturing sites totals more than $37 billion since 2013, including the Ultium Cells joint venture plants.