Statement by President Biden on General Motors Investment in Michigan
Today’s announcement by GM – to make its largest investment ever, $7 billion to create 4,000 new jobs at EV manufacturing sites in Michigan – is the latest sign that my economic strategy is helping power an historic American manufacturing comeback. From day one, my Administration has been laser focused on making sure that America leads the manufacturing future of electric vehicles. This announcement is just the latest in over $100 billion of investment this past year in American auto manufacturing to build electric vehicles and batteries. Over the last year, I hosted the United Auto Workers and automakers at the White House, signed an executive order aimed at getting to 50% electric vehicle sales share in 2030, and set ambitious new standards. The Bipartisan Infrastructure Law was a major step toward this future by investing in EV charging, and Congress can catalyze more with additional incentives for Made in America electric vehicles, batteries, and semi-conductors built by union hands.