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GM investing nearly $154M in Lockport Components plant for production of electric motor stator

Green Car Congress

General Motors plans to invest nearly $154 million in its Western New York Lockport Components plant. The investment will be used to renovate the facility and purchase and install new machinery and equipment used in the production of the stator module, a key component in an electric motor.

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GM is investing over $150 million to produce electric motor components in New York

Electrek

General Motors (GM) shared plans to invest nearly $154 million to renovate its Lockport Components plant in western New York to support stator module production. These key components for electric motors will eventually serve GM brand electric trucks and SUVs built upon the company’s Ultium Platform.

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Toyota's Already Offering a Huge 2024 bZ4X Lease Discount in New York

The Truth About Cars

Despite it only having been on sale for one year, the automaker is already offering discounts on the new 2024 model, cutting $10,000 off the top for lease clients in New York. EV demand is growing slower than automakers had hoped, given their significant investments in production, research, and development.

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General Motors secures supply for silicon carbide chips for its next-gen EVs

Teslarati

General Motors (GM) announced an agreement with semiconductor company Wolfspeed Inc., GM plans to use Wolfspeed chips in its new Ultium Drive units , which will power the OEM’s electric vehicle lineup. As part of the Ws AoSP, GM secures its silicon carbide chip supply for future EV production.

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GM investing $918M in 4 US plants for Gen-6 V-8 production, EV components

Green Car Congress

General Motors plans to invest $918 million in four US manufacturing sites, including $854 million to prepare these facilities to produce the company’s sixth-generation Small Block V-8 engine and an additional $64 million in Rochester, New York and Defiance, Ohio for castings and components to support EV production.

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Energy major Total leads strategic investment into supplier of hydrogen fuel-cell powered commercial vehicles HYZON Motors

Green Car Congress

Hydrogen mobility and clean energy company, HYZON Motors, and Total Carbon Neutrality Ventures, the venture capital arm of European energy giant Total SE, announced a strategic investment led by Total and other specialist hydrogen investors. —Craig Knight, CEO and Co-Founder of HYZON Motors.

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GM and GlobalFoundries in long-term direct supply agreement for US production of semiconductor chips

Green Car Congress

General Motors (GM) and GlobalFoundries (GF) have entered a strategic, long-term agreement establishing a dedicated capacity corridor exclusively for GM’s chip supply.

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