GM to invest $760 million to shift Ohio plant to EV-part production

GM to invest $760 million to shift Ohio plant to EV-part production

Friday, September 23, 2022

TOLEDO, Ohio/WASHINGTON, Sept 23 (Reuters) - General Motors Co (GM.N) said on Friday it will invest $760 million at its Toledo, Ohio factory to build drive units for electric trucks, the automaker's first U.S. powertrain facility repurposed for EV-related production.

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