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By Shane Lasley
Metal Tech News 

GM investing $7B to build EV capacity

Single largest investment in American automaker's history Metal Tech News – January 26, 2022

 

Last updated 7/12/2022 at 1:50pm

General Motors GM electrification EVs Detroit Michigan factory facility plant

General Motors

With the new investment, GM expects to have the capacity to produce 1 million EVs per year by the end of 2025.

In its race toward becoming North America's electric vehicle market leader by 2025, General Motors Co. has unveiled plans to invest roughly $7 billion in new lithium-ion battery and EV manufacturing facilities in Michigan, the single largest investment ever by the American automaker.

"Today we are taking the next step in our continuous work to establish GM's EV leadership by making investments...



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