GM to invest $760 million to convert plant in Ohio for electric vehicle parts production

General Motors said it would invest $760 million in its Toledo, Ohio, plant to produce drive units for electric trucks, the automaker’s first US powertrain facility repurposed for EV-related production. GM is currently building GM’s six-speed, eight-speed and 10-speed rear-wheel-drive transmissions and nine-speed front-wheel drive transmissions in its 2.82 million-square-foot range of Chevrolet, Buick, GMC … Continue reading GM to invest $760 million to convert plant in Ohio for electric vehicle parts production