GM to invest $1B in Mexico facility for EV production

General Motors plans to invest $1 billion into its Ramos Arizpe, Mexico facility — a plant that currently makes the Chevrolet Equinox and Blazer SUVs, and once built Pontiac Azteks. The investment is the next step in laying the groundwork for the company’s electric future. “GM announced that electric vehicles will be made at the facility starting in 2023, while batteries and propulsion components will be made there starting in the second half of 2021,” said Green Car Reports. (Source: Green Car Reports) Read the original story.

About Todd Phillips

Todd Phillips is the editorial director of Universus Media Group Inc. and the editor of Canadian auto dealer magazine. Todd can be reached at tphillips@universusmedia.com.

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