GM has established a venture capital unit back in June last year with a fund of $100mn for investing in technologies associated with auto. in keeping with recent reports, this venture capital has invested an extra $7.5mn in Sunlogics Inc., a solar energy company which will create an investment of $30mn for gap their factory and international headquarters in Rochester Hills.

According to reports, this move is anticipated to develop two hundred new Metro Detroit jobs also as support a further a hundred and ten new jobs in Ontario, the placement where the corporate desires to open another producing base.

Read more