General Motors to Build Volt Electric Drive in Michigan
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General Motors Co. will move production of the electric drive unit for the next-generation Chevrolet Volt to Michigan from Mexico and said it will invest almost $300 million in the state this year.
The automaker will build the electric drive in Warren, Michigan, the company said in a statement. Chief Executive Officer Mary Barra discussed the investments and the Volt as part of a speech today to members of the Detroit Economic Club. GM said it has so far invested about $1.82 billion in projects in the state dedicated to vehicle electrification.