The automaker said the investment -- the largest in its history -- will create 4,000 new jobs and retain 1,000 existing positions.
"Today we are taking the next step in our continuous work to establish
"We are building on the positive consumer response and reservations for our recent EV launches and debuts, including GMC Hummer EV, Cadillac Lyriq, Chevrolet Equinox EV and Chevrolet Silverado EV. Our plan creates the broadest EV portfolio of any automaker and further solidifies our path toward
"These investments also create opportunities in
President
"From day one, my administration has been laser focused on making sure that America leads the manufacturing future of electric vehicles," he said.
Biden signed an executive order in August setting a goal for half of all new vehicles made in
"It's electric, and there's no turning back," he said at the time. "The question is whether we'll lead or fall behind in the race for the future."
The Biden administration also unveiled plans in December to build a large, nationwide charging network for electric vehicles, starting with half a million charges.
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