By Shane Lasley
Metal Tech News
GM investing $35B in its electric future
Increases investment in EVs, batteries, fuel cell technologies Metal Tech News – June 23, 2021
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Last updated 7/10/2022 at 3:23pm
General Motors
A conceptual rendering of the $2.3 billion Ultium Cells LLC battery cell manufacturing facility being built in Spring Hill, Tennessee. General Motors expects this 2.8 million-square-foot lithium battery facility to open in late 2023.
Putting its foot to the "electric pedal" in a race toward the all-electric mobility future it envisions, General Motors has bolstered its investments into electric and autonomous vehicles to $35 billion from 2020 through 2025, a 75% increase over the $20 billion commitment it made prior to the COVID-19 pandemic.
"We are investing aggressively in a comprehensive and highly-integrated plan to mak...
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