# General Motors commits $3.5B investment in Michigan

General Motors committed to invest at least $3.5 billion in Michigan, as part of amendments to a MEGA tax credit agreement approved by the Michigan Strategic Fund. The investment supports electric vehicle and future mobility development.

- Type: Investment
- Announced: 2020-01-22
- Where: Michigan, United States
- Value: $3.50B
- Status: announced
- Products: electric vehicles, future mobility solutions
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [General Motors](https://endata.com/companies/4654.md)

## Sources

- [michiganbusiness.org](https://www.michiganbusiness.org/press-releases/2020/01/business-expansions-community-revitalization-projects-will-spur-economic-growth-extend-michigans-leadership-in-automotive-manufacturing-and-future-mobility-solutions/), 2020-01-22: "The amendments will enable the company to have more flexibility to manage its operations within Michigan and will signify GM's commitment to developing electric vehicles and future mobility solutions in Michigan for the long term."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.