General Motors announced a significant investment of $760 million at its Toledo Propulsion Systems facility in Toledo, Ohio to handle EV drive unit production.
GM announced announced a nearly $154 million investment in its Western New York Lockport Components plant to handle electric motor components production.
General Motors announced today plans to invest nearly $154 million in its Western New York Lockport Components plant. The investment will be used to renovate the facility and purchase and install new machinery and equipment used in the production of the stator module, a key component in an electric motor.