General Motors Company (NYSE: GM) to Inject $3 Billion into Michigan EV Projects

December 22, 2021 13:13:20

Electrification is picking up more steam as countries pass increasingly strict tailpipe emission standards and more players join the nascent electric vehicle (“EV”) industry. Furthermore, the electric vehicle game isn’t limited to just EV startups; most established automakers are also working on electrifying their vehicle lineups and surpassing Tesla, which is currently the world’s largest electric vehicle maker. General Motors Company (NYSE: GM) plans to achieve this goal in large by leveraging existing manufacturing facilities and retrofitting them to build electric vehicles. And like fellow automakers, GM will invest a significant amount of money in electrification in the next decade.

According to sources close to the Detroit-based carmaker, GM intends to invest more than $3 billion to manufacture electric vehicles in its home…

Read More >>

About Green Car Stocks

Green Car Stocks (GCS) is a specialized communications platform with a focus on electric vehicles (EV), as well as other emerging market opportunities in the green sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, GCS is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, GCS brings its clients unparalleled visibility, recognition and brand awareness. GCS is where news, content and information converge.

To receive SMS text alerts from Green Car Stocks, text “Green” to 21000 (U.S. Mobile Phones Only)

For more information, please visit https://www.GreenCarStocks.com

Please see full terms of use and disclaimers on the Green Car Stocks website applicable to all content provided by GCS, wherever published or re-published: https://www.GreenCarStocks.com/Disclaimer

Green Car Stocks
Los Angeles, CA
www.GreenCarStocks.com
415.949.5050 Office
[email protected]

Green Car Stocks is part of the InvestorBrandNetwork.