General Motors announced plans to invest $2B in an electric vehicle production facility in Spring Hill, Tennessee yesterday. The investment is part of a $20B initiative focused on electric and autonomous vehicles (announced in March), and comes amid a push by the 111-year old automaker to compete with Telsa and other manufacturers as the auto industry expands its focus on electric vehicles.
The New Paper
This story is from the October 21, 2020 edition of The New Paper – a clear, concise daily briefing that makes fact-first news easy to consume. Try it today.
