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General Motors Company is exploring opportunities for electric vehicle (EV) manufacturing. The company plans to invest $2 billion in EV production facilities over the next
General Motors Company is exploring opportunities for electric vehicle (EV) manufacturing. The company plans to invest $2 billion in EV production facilities over the next five years. Once operational, General Motors expects annual revenues of $500 million from EV sales. Calculate the payback period for General Motors' investment in EV manufacturing.
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