GM To Invest Billions Into Electric Trucks And SUVs

GM To Invest Billions Into Electric Trucks And SUVs

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Business, Architecture

University

Hard

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General Motors (GM) announced a $2.2 billion investment in its Detroit Hamtramck Assembly plant, creating 2200 jobs. The plant, initially set to close, will transition to producing electric vehicles after a UAW strike. GM will also invest $800 million in supplier tooling. This move increases GM's total investment in electric vehicles to over $10 billion, with competitors like Volkswagen and Ford also making significant investments.

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