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Benzinga
Benzinga
Politics
Rachit Vats

Joe Biden Gives Himself A Pat On The Back As GM Announces $7B Michigan EV Investment

U.S. President Joe Biden on Tuesday lauded General Motors Co’s (NYSE:GM) latest $7 billion electric vehicle investment in Michigan while giving himself credit for putting in place the "economic strategy" that is at the centre of the change.

What Happened: Biden said the Detroit, Michigan-based legacy automaker’s mega investment that would create 4,000 jobs is the latest sign that his strategy is helping “power an historic American manufacturing comeback.”

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