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GM to invest more than $6.5 billion in Michigan

by Mike Robinson

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© Reuters. FILE PHOTO – The new GM logo can be seen on the Detroit General Motors Headquarters in Detroit, Michigan (U.S.A), March 16, 2021. REUTERS/Rebecca Cook/File photo

WASHINGTON/DETROIT – General Motors and a joint venture formed with LG Energy Solution, are expected to announce next week investments in Michigan of over $6.5 billion. This is according to a State document and information from sources.

According to the Michigan Strategic Fund, Friday’s board meeting will be devoted to GM and its joint venture plans to spend $6.5 billion to create 4,000 new jobs in Lansing Township and Orion Township.

Reuters published December that GM was considering building a $2.5B battery plant close to Lansing in collaboration with LG Energy Solution. Reuters reports that GM had also been considering a $2 billion renovation of Orion Township, in order to create next-generation electric vehicles.

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