Why is GM investing nearly $1B in V-8 engines when it’s ‘all in’ on electric vehicles?

General Motors (GM) announced today that it will invest nearly $1 billion in four US facilities to produce V-8 engines and EV components. Despite GM advertising it’s going “all in” on electric vehicles, less than 10% of the investment is going toward EV development.

more…

The post Why is GM investing nearly $1B in V-8 engines when it’s ‘all in’ on electric vehicles? appeared first on Electrek.