GM Expected To Announce Major Electric Vehicle Investment In Michigan

From the Associated Press — General Motors is poised to announce next week major electric vehicle investments in Michigan. It plans to spend $6.5 billion and create up to 4,000 new jobs at two plants in the state. According to a meeting agenda, Michigan’s economic development board is expected to approve an incentives package on Tuesday. The Associated Press previously reported the
Detroit automaker’s plan to partner in a joint venture to build a $2.5B electric vehicle battery factory in the Lansing area and add as many as 1,700 workers. GM also plans to spend $4 billion and create up to 2,300 jobs by designating an existing plant in Orion Township as its third electric-vehicle factory.