With federal help, General Motors Corp. is sinking an additional $23.5 million into production of components for electric vehicles at a factory near Baltimore, Maryland, where it will produce motors for future battery cars.
The new investment follows GM’s earlier commitment of $246 million to the Baltimore plant back in January. The investments create new jobs at the plant, according to GM officials, which has been under pressure to create more jobs at the company’s U.S. operations in return for the federal bailout that kept it alive.
Meanwhile, GM’s former parts arm, Delphi Corp. is pushing into the nascent EV market with a new partnership aimed at developing wireless charging technology.
“This will allow us to strengthen our core electrification components expertise,” said GM Manufacturing Manager Arvin Jones, about the maker’s latest Baltimore investment. “We’ll have more to say about specific products later.”