GM to spend $6.5 billion, add 4,000 jobs at Michigan EV factories

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GM to spend $6.5 billion, add 4,000 jobs at Michigan EV factories
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Next week, General Motors will announce electric-vehicle investments in Michigan, with plans to spend $6.5B and create up to 4,000 new jobs at two plants.

Michigan's economic development board is expected to approve an incentives package Tuesday.

The state's economic development board is expected to approve an incentives package Tuesday, according to a meeting agenda posted online. Michigan state lawmakers and Gov. Gretchen Whitmer recently enacted a new $1 billion fund designed to land major business projects. The battery plant will be constructed on the site of GM's Lansing Delta Township Assembly factory, which makes the Buick Enclave and Chevrolet Traverse SUVs.

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