WSJ News Exclusive | GM Plans More Than $3 Billion for Electric-Vehicle Projects in Michigan

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WSJ News Exclusive | GM Plans More Than $3 Billion for Electric-Vehicle Projects in Michigan
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GM plans to invest more than $3 billion to make electric vehicles in Michigan, people familiar with the matter said

plans to invest more than $3 billion to make electric vehicles in Michigan, people familiar with the matter said, a potential win for the car maker’s home state after a recent influx of auto projects into Southern states.

Also, GM has plans to build a battery-cell factory near one of its assembly plants in Lansing, Mich., the people said. That project, planned by a 50-50 joint venture between GM and its battery partner, LG Energy Solutions, would split more than $2 billion between GM and LG and create around 1,200 jobs, the people said.

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