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General Motors (GM) Plans $449M Investment in Advancing Battery Technology...

In preparation for the next generation of electric vehicles and advanced battery technologies, General Motors (NYSE: GM) will invest $449 million to upgrade manufacturing processes at Detroit-Hamtramck Assembly and Brownstown Battery Assembly plants.

“General Motors is committed to building award-winning products and developing technologies in America, which helps to grow our economy from a resurgent auto industry,” said Gerald Johnson, GM North America Manufacturing vice president. “These investments will help the next-generation Chevrolet Volt build on its position as the leader in electrified propulsion.”

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