Coverage dated September 22, 2022 to September 23, 2022
GM investing $760 million in Toledo factory to make electric car drive units
Headline from Local News 8
By Peter Valdes-Dapena, CNN Business General Motors is investing $760 million in its Toledo Propulsion Systems factory, which builds transmissions for gas-powered vehicles, so that it can make electric drive units for electric vehicles, too.
Local News 8's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
General Motors says it will spend $760 million to renovate its transmission factory in Toledo, Ohio, so it can build drive lines for electric vehicles. It’s the first GM engine
GM will convert its Toledo factory from building transmissions to electric drive units, becoming the first U.S. powertrain facility repurposed for EV production.
By Peter Valdes-Dapena, CNN Business General Motors is investing $760 million in its Toledo Propulsion Systems factory, which builds transmissions for gas-powered vehicles, so that it can make electric drive units for electric vehicles, too.
