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Automakers

BMW expands EV components production

BMW is expanding EV components production for cars such as its i4 electric sedan. Pictured is the concept version of the upcoming model.
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By:
Bloomberg
July 02, 2020 01:42 PM

MUNICH -- BMW said it will invest 500 million euros ($563 million) at its largest European factory as the automaker bolsters its electric-car manufacturing capabilities to better compete with rivals including Tesla.

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GM
GM to invest $888 million for engine production at New York facility

General Motors is investing $888 million at a New York propulsion plant to increase engine production, the company said on May 27.

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By:
Kalea Hall, Reuters
GM to invest $888 million for engine production at New York facility
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