Legacy automakers are in a race with one another and a slew of start-ups and technology companies to capture growing demand for electric vehicles while also preparing for the advent of autonomous vehicles. At the same time, that fight over an electric future has helped to reinvigorate the American automotive industry. As part of an existing joint venture, G.M. and South Korea’s LG Chem have invested $2.3 billion in a separate plant near Lordstown, Ohio, which will make the battery cells that will power the electric vehicles made at the Detroit-Hamtramck plant, the company said. shut down a plant last year, would create more than 1,100 jobs, with a groundbreaking expected later this year.

Source: New York Times January 27, 2020 17:29 UTC