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GM to Spend $6.5 Billion on Michigan EV Factories

January 21, 2022

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General Motors is poised to announce the week of Jan. 24 major electric vehicle investments in Michigan, with plans to spend $6.5 billion and create up to 4,000 new jobs at two plants.

The state’s economic development board is expected to approve an incentives package Jan. 25, according to a meeting agenda posted online.

The Associated Press previously reported the Detroit automaker’s plan to partner in a joint venture to build a $2.5 billion electric vehicle battery factory in the Lansing area, adding as many as 1,700 workers. GM also plans to spend $4 billion and create up to 2,300 new jobs by designating an existing plant in Orion Township as its third electric vehicle factory, along with plants in Detroit-Hamtramck and Spring Hill, Tenn.

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