GM spending $760M to convert Toledo factory to make EV parts

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“This investment helps build job security for our Toledo team for years to come, and is the next step on our journey to an all-electric future.'

It's the first GM engine or transmission plant to begin the long transition from internal combustion engines to electric vehicles. The company has a goal of making only electric passenger vehicles by 2035.

It's good news for the workers in Toledo, who have been worried about the future of their plant. GM employs about 10,000 workers at engine and transmission factories across the U.S., and their futures are uncertain as the switch to electric vehicles picks up momentum.

 

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