Michigan OKs $824M in incentives for GM's EV, battery plants

Michigan OKs $824M in incentives for GM's EV, battery plants

2 years ago
Anonymous $dEyjbtEkMr

https://apnews.com/0bce16cc56438cc2c7b59e2d0a1b564f

LANSING, Mich. (AP) — Michigan's economic development board on Tuesday approved $824 million in incentives and assistance for General Motors Co. to put electric vehicle and battery plants in its home state, adding as many as 4,000 jobs.

The Detroit-based automaker plans to spend up to $4 billion converting and expanding its Orion Township assembly factory to make electric pickup trucks and $1.5 billion to $2.5 billion building a third U.S. battery cell plant with a joint-venture partner in Lansing.