GM eyes investments of more than $4 billion in Michigan EV plants – Reuters

December 12, 2021 by No Comments

The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. Picture taken March 16, 2021. REUTERS/Rebecca Cook/File Photo

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Dec 10 (Reuters) – General Motors (GM.N) is considering investing more than $4 billion in two Michigan plants to boost its electric vehicle production capacity, according to sources and documents made public on Friday.

GM has proposed building a $2.5 billion battery plant near Lansing with partner LG Energy Solution (051910.KS), the documents show.

The largest U.S. automaker is separately considering a $2 billion overhaul of its Orion Township assembly plant north of Detroit to build next-generation electric vehicles. The total investments could top $4 billion, a source familiar with the plan told Reuters.

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Documents posted by the city of Lansing show GM is considering building a battery …….



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