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GM to Invest $1 Billion to Build Electric Vehicles in Mexico

Second Day of the Auto Shanghai 2021 — Photographer: Qilai Shen/Bloomberg

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By Chester Dawson

April 30, 2021 at 12:06 AM UTC

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General Motors Co. is extending its electric vehicle plans south of the border with an investment of more than $1 billion in Mexico, adding a fifth plant in North America with EV production capacity.