GM and VAC to Build New Magnet Factory in the US to Support EV Growth

General Motors is taking another major step forward in creating a strong, sustainable and scalable supply chain for electric vehicles. GM and VAC of Germany announced plans for VAC to build a plant in the U.S. that will manufacture permanent magnets for the electric motors used in the GMC HUMMER EV, Cadillac LYRIQ, Chevrolet Silverado […]