GM plans investments to expand electric vehicle production

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General Motors Co is expected to announce on Tuesday significant investments to expand production of electric vehicles at a factory in Spring Hill, Tennessee and potentially other sites.

FILE PHOTO: The GM logo is seen at the General Motors Warren Transmission Operations Plant in Warren, Michigan October 26, 2015. REUTERS/Rebecca Cookis expected to announce on Tuesday significant investments to expand production of electric vehicles at a factory in Spring Hill, Tennessee and potentially other sites.

GM could move production of vehicles to other plants, resulting in new investments in other locations. AutoForecast Solutions said it expects some electric vehicle production will also be announced for a factory in Mexico. GM Chief Executive Mary Barra has outlined plans to invest $20 billion by 2025 in new electric vehicles and electric vehicle battery technology.

That plant was formally rechristened on Friday as “Factory Zero,” a reference to Barra’s goal of “zero crashes, zero emissions and zero congestion.”

 

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