GM Invests $246 Million in Manufacturing Electric Powertrains

Contemporary electric automotive history is being shaped step by step. Yesterday, we reported that General Motors will start building electric motors for hybrid and electric vehicles, thus becoming a segment leader in the U.S. After that, GM announced that it will invest $246 million in electric motor and electric drive manufacturing. This includes the construction of a high volume electric drive production facility at the Baltimore Transmission plant which is scheduled to start manufacturing e… (read more)