GM, Stellantis among group investing USD 33 mn in company that makes magnets without rare earth metals
The investment announced Wednesday comes as electric vehicle sales growth is starting to slow and GM and Ford have started to pull back on their spending. But Kai Daniels, supervising principal of GM Ventures, said the company is proceeding with its EV plans.
Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.
