Gm To Invest 1 Billion Into Production Of Ev Parts And V8 Engines

Gm Announces Plans To Invest 1 Billion Dollars Into New V8 Engines And Jan 20, 2023 at 4:25pm et. by: chris bruce. the v8 engine has a future at general motors. the automaker is investing $854 million to prepare several factories to build the sixth generation of the. Peter johnson | jan 20 2023 11:21 am pt. 76 comments. general motors (gm) announced today that it will invest nearly $1 billion in four us facilities to produce v 8 engines and ev components.

Gm Is Investing Almost 1 Billion In New V8 Engines Comments (95) inside flint engine operations. photo: gm. gm announced on friday that it would be spending $854 million to make its sixth generation small block v8, and $64 million to help its ev. General motors plans to invest nearly $1 billion in four u.s. plants to support production of components for electric vehicles and its next generation of v 8 engines. it’s a signal that the. Gm announced on friday that it would be spending $854 million to make its sixth generation small block v8, and $64 million to help its ev efforts, in news that sounds like it belongs in a different year but isn’t. the news also confirms that a sixth generation small block v8 is happening, which gm says it intends to use to “strengthen its industry leading full size truck and suv business.”. Although small, only part of gm’s plan to invest $35 billion in ev development. by comparison, the $800 million or so to revamp its v8s, is a drop in the bucket. become an autoguide insider.

Gm Announces Plans To Invest 1 Billion Dollars Into New V8 Engines And Gm announced on friday that it would be spending $854 million to make its sixth generation small block v8, and $64 million to help its ev efforts, in news that sounds like it belongs in a different year but isn’t. the news also confirms that a sixth generation small block v8 is happening, which gm says it intends to use to “strengthen its industry leading full size truck and suv business.”. Although small, only part of gm’s plan to invest $35 billion in ev development. by comparison, the $800 million or so to revamp its v8s, is a drop in the bucket. become an autoguide insider. The biggest part of the investment will go to flint engine operations in flint, mich. that plant is getting $579 million of the $854 million total to help it prepare for the next generation of gm. Biden administration to award nearly $1.1 billion to stellantis, gm for ev production. by david opens new tab agreed to build a new $3.2 billion battery plant and invest $1.5 billion in a.