General Motors Company (NYSE: GM) is planning to announce major investments that will lead to an expansion in the production of electric vehicles at its plant at Spring Hill, Tennessee plant and elsewhere, Reuters reported Monday.What Happened: The investment announcements will come on Tuesday at a virtual event that commences at 11 a.m. ET, according to the automaker. The Mary Barra-led company plans to build its Cadillac Lyriq electric SUVs at the Tennessee plant, the Detroit News reported Monday, as per Reuters.The Lyriq is expected to be brought into production beginning late 2022 and the company could move manufacturing to …read more
Source:: Yahoo Finance
