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GM exec: Company to announce more battery plants this week
Business
GM exec: Company to announce more battery plants this week
By Tom Krisher and Jenna Fryer | AP
June 14, 2021 at 4:11 p.m. EDT
DETROIT — The president of General Motors says his company plans to announce more U.S. battery factories later this week.
Mark Reuss gave no details of where the factories would be located or exactly what they would manufacture. He spoke in a weekend interview with The Associated Press at an IndyCar race on an island park near downtown Detroit.
Company spokesman Jim Cain wouldn’t comment Monday on the announcements, but noted GM previously stated it would build more factories to add battery capacity as electric vehicles grow in sales. GM has set a goal to stop selling internal-combustion passenger vehicles by 2035. ... “In the next week we’ll announce some more, and it will be here in the U.S.,” Reuss said of the new battery factories.
The factories would be in addition to two battery cell plants that the company announced in the past two years, both geared to ramp up production as GM rolls out 30 new electric vehicles globally by 2025, with more than two-thirds sold in North America.
{snip}
GM exec: Company to announce more battery plants this week
By Tom Krisher and Jenna Fryer | AP
June 14, 2021 at 4:11 p.m. EDT
DETROIT — The president of General Motors says his company plans to announce more U.S. battery factories later this week.
Mark Reuss gave no details of where the factories would be located or exactly what they would manufacture. He spoke in a weekend interview with The Associated Press at an IndyCar race on an island park near downtown Detroit.
Company spokesman Jim Cain wouldn’t comment Monday on the announcements, but noted GM previously stated it would build more factories to add battery capacity as electric vehicles grow in sales. GM has set a goal to stop selling internal-combustion passenger vehicles by 2035. ... “In the next week we’ll announce some more, and it will be here in the U.S.,” Reuss said of the new battery factories.
The factories would be in addition to two battery cell plants that the company announced in the past two years, both geared to ramp up production as GM rolls out 30 new electric vehicles globally by 2025, with more than two-thirds sold in North America.
{snip}