GM pours $1.4 billion into gas vehicles as EV demand loses charge

GM pours $1.4 billion into gas vehicles as EV demand loses charge

General Motors has announced that it will be investing roughly $1.4 billion into three U.S.-based plants and a Canadian factory that produce engines for gas-powered vehicles. According to Reuters, the spending is intended to help the automaker prepare upcoming truck and large SUV models, including the Chevrolet Silverado and Cadillac Escalade, while reinforcing factory activity in Michigan, Ohio, and Ontario. The investment is spread across seve…