Robert Bosch plans to acquire a California microchip maker and invest around $1.5 billion in it to help meet growing demand for silicon carbide chips in electric vehicles, the world's largest parts supplier said Wednesday.
April 26, 2023 02:01 PM
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GM to invest $4 billion in 3 U.S. factories to build gasoline, electric vehicles
The automaker did not break out the amount to be invested in each plant, but said June 10 the dollars will go to Orion Assembly in Michigan, Fairfax Assembly in Kansas and Spring Hill Manufacturing in Tennessee.
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