GM spending $760M to convert Toledo factory to make EV parts

GM spending $760M to convert Toledo factory to make EV parts

2 years ago
Anonymous $RrS0yEPyL3

https://apnews.com/af8c97a41debc383157e4fd0884ee19b

TOLEDO, Ohio (AP) — General Motors says it will spend $760 million to renovate its transmission factory in Toledo, Ohio, so it can build drive lines for electric vehicles.

It's the first GM engine or transmission plant to begin the long transition from internal combustion engines to electric vehicles. The company has a goal of making only electric passenger vehicles by 2035.