GM to build Michigan EV car plant, battery facility
DETROIT, Michigan: General Motors Co. has announced that it will invest nearly $7 billion in electric vehicle and battery production facilities at four Michigan sites, creating 4,000 new jobs, while retaining 1,000 existing positions.
The announcement, made jointly with Michigan Governor Gretchen Whitmer, is the single largest investment in the company's plant in Lansing and comes after after the Michigan Strategic Fund Board approved $824.1 million in related incentives this week.
Like other automakers, GM is shifting to the production of electric vehicles, and is spending more than $30 billion through 2025 to meet its stated goals of offering 30 EV models and one million EV sales globally by 2025.
GM will, therefore, have three U.S. battery cell manufacturing sites, with a fourth one being planned, as well as a higher EV production capacity at its Orion Assembly, which is building the electric Chevrolet Bolt EV, giving GM the capacity to build 600,000 electric pickup trucks.
Read more: https://www.caribbeannews.net/news/272241360/gm-to-build-michigan-ev-car-plant-battery-facility
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