WebEV Investment: Between 2024 and 2025, GM will invest $35 billion in EV and AV product development spending, exceeding GM’s gas and diesel investment. The investments will create thousands of new, good-paying U.S. jobs. This includes plans to make our Factory ZERO and Spring Hill, Tennessee assembly plants dedicated to electric vehicle production. WebJan 25, 2024 · General Motors announced a $7 billion investment in growing its electric vehicle manufacturing capabilities in Michigan, calling it “the single largest investment announcement in GM history.”
GM Releases 2024 Fourth-Quarter and Full-Year Results, and 2024 …
WebApr 4, 2024 · GM’s $2.3 billion investment in its Ontario facilities is supported by $518 in public money from the Ontario and federal levels of government. Photo: GM Canada . ... GM’s announcement is the second multi-billion dollar zero-emission auto industry project for Ontario in a month, following the $5-billion joint venture EV battery cell ... the view 10/7/2021
EPA releases new emissions rules: 60% EV by 2030, saves US trillions
WebApr 10, 2024 · GM's voluntary separation plan will result in a $1 billion charge against Q1 earnings and $1 billion of cost savings or half of $2 billion target. With 2024 net income projected to fall for a ... WebJan 25, 2024 · GM has now announced $7 billion of investments in Michigan that will build toward a goal of 1 million units of EV production capacity in North America by the end of … WebJun 16, 2024 · DETROIT – General Motors Co. (NYSE: GM) announced today it will increase its EV and AV investments from 2024 through 2025 to $35 billion, representing a 75 percent increase from its initial commitment announced prior to the pandemic. The company’s enhanced commitment will accelerate its transformative strategy to become … the view 11/11/21