GM’s Investments in EV and Gasoline Vehicle Production Drive U.S. Manufacturing Growth
General Motors continues to push the automotive industry forward by investing heavily in both electric and gasoline-powered vehicle production, working closely with suppliers to create jobs and add value to communities across the U.S.
Over the past five years, GM has led all American automakers in capital investment for battery manufacturing and infrastructure. This commitment is paying off—U.S. EV sales surged 50% in 2024, doubling GM’s share of the domestic EV market.
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While EVs remain a major focus, GM is also strengthening its production of gas and diesel vehicles. With approximately 90,000 U.S. employees generating $12 billion in taxable wages annually, GM has invested over $35 billion in its U.S. facilities since 2014 to support vehicle development and manufacturing.
A recent report from Atlas Public Policy and the BlueGreen Alliance Foundation found that the auto industry has announced $209 billion in domestic EV manufacturing investments since 2000, creating an estimated 240,000 jobs.
GM alone has invested $17.6 billion in EV infrastructure, surpassing competitors like Ford, Stellantis, Rivian, and Tesla. Much of this investment is concentrated in key states like Michigan, Georgia, North Carolina, Tennessee, and Ohio, boosting local economies.
Strengthening the EV Supply Chain
One of the biggest challenges in scaling EV production is securing critical minerals. GM has responded with strategic investments in North American-based raw materials and battery recycling efforts. Recent milestones include:
- A multi-year, multi-billion-dollar agreement with Vianode to supply synthetic graphite anode materials starting in 2027.
- A joint venture with Lithium Americas to develop the largest known lithium resource in the U.S. at Thacker Pass, Nevada.
- Partner MP Materials completing construction of a rare earth metal, alloy, and magnet manufacturing facility in Fort Worth, Texas, set to begin production in late 2025.
- GM supplier e-VAC Magnetics beginning construction of a magnet facility in Sumter, South Carolina, with production expected in early 2026.
The Road Ahead
GM remains committed to building a secure, scalable, and cost-competitive supply chain while working with policymakers to support domestic manufacturing. By investing in both EVs and traditional vehicles, the company aims to maintain its leadership in the future of mobility while driving economic growth across the U.S.
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