GM wins tax abatement for potential $1.3B EV investment at Orion plant

Published by
The Detroit News

Orion Township, Michigan officials on Tuesday approved a tax abatement for a proposed $1.3 billion investment by General Motors Co. to build electric vehicles at its Orion Assembly plant in Lake Orion. GM requested the maximum period permitted for the tax abatement: 12 years, plus three years during the construction phase for the investment, which is expected to lead to the creation or retention of 2,000 jobs, GM said in its tax abatement application, which The Detroit News previously obtained. Property improvements would start in July, the application said. “GM sincerely appreciates the suppo…

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