GM to spend $35 billion to open battery cell development center, to cut EV costs

Highlights

• GM will be spending $35 billion on EVs
• The new facility is almost 300,000 square feet

General Motors Co said that it will spend $35 billion on EV. GM motors has said that they are planning to open a battery cell development center in southeast Michigan. This is being set up to boost the driving range of electric vehicles with lithium ion.

The Wallace Battery C....