The American manufacturer General Motors plans to invest $ 6,600 million in the state of Michigan within the framework of its electric vehicle development plan, with the conversion of a production line and the construction of a new battery factory, as well as another 500 million to modernize two plants.
It is the largest investment in specific projects announced by the group so far, according to a statement issued on Tuesday. GM plans to invest a total of $ 35,000 million between now and 2025 to manufacture electric and autonomous vehicles.
This initiative, which should allows the creation of approximately 4,000 jobs in this northern U.S. state, she was welcomed by President Joe Biden.
This is the “last sign that my economic strategy is helping stimulates a historic return of American industry“, Biden confirmed, emphasizing that he encouraged the development of electric vehicles.
Biden has signed an executive order that provides that by 2030, half of the vehicles sold in the United States will be without exhaust fumes – electric, hybrid, rechargeable or hydrogen. Its infrastructure plan, ratified in November, also provides funding for the construction of electric charging stations.
Electric vehicle sales will increase by 89% in the United States in 2021, according to consulting firm Cox Automotive. But they represented only 3% of vehicle sales in the country.
Reference-www.eleconomista.com.mx