GM investing $1 billion to build EVs in Mexico; UAW calls it unseemly Autoblog 10 hrs ago Reuters
MEXICO CITY - General Motors Co said on Thursday it will invest $1 billion in a manufacturing complex in Mexico, drawing immediate criticism from the union for U.S. autoworkers as it prepares to build electric vehicles in 2023 in the border state of Coahuila.
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GM said it is building a new high-tech paint shop that will start operations from June at the Ramos Arizpe site, which currently assembles conventional internal-combustion vehicles, including the Chevrolet Equinox and Blazer models, along with engines and transmissions.
GM to invest $1B to build electric vehicles in Mexico
Plant in Ramos Arizpe could begin producing electric vehicles by 2023
3 316 1 minute read GM’s announcement represents the first major investment for an electric vehicle factory in Mexico. Pictured are Chevy Volts at a charging station. (Photo: GM)
General Motors (NYSE: GM) announced Thursday it will invest $1 billion in a manufacturing complex in Ramos Arizpe, Mexico, that will build electric vehicles by 2023.
“This investment will serve to prepare the complex for an expansion in the assembly and global propulsion systems plants, in order to make the Ramos Arizpe facility the company’s fifth manufacturing site in North America,” GM said in a statement.
GM spending on Mexico electric vehicle plant angers US union
April 30, 2021
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This image provided by General Motors shows the GM Logo. A General Motors announcement, Friday, April 30, 2021, that it would invest more than $1 billion at a Mexican factory that will build electric vehicles has angered the United Auto Workers union. GM says it will make the investment at its Ramos Arizpe plant. It will become GM s fifth plant to make battery-powered vehicles. (General Motors via AP)AP
DETROIT (AP) An announcement by General Motors that it would invest more than $1 billion at a Mexican factory that will build electric vehicles has angered the United Auto Workers union.
General Motors has decided its fifth electric vehicle facility should be in Mexico and has set aside $1 billion for its complex in Ramos Arizpe, Coahuila, Mexico. While a portion of the funds will go toward a new paint shop, the manufacturer also said the money would be used to prepare the site for EV and battery production, angering the United Auto Workers (UAW).
“This is a slap in the face for not only UAW members and their families,” stated UAW Vice President Terry Dittes. “General Motors automobiles made in Mexico are sold in the United States and should be made right here, employing American workers.”
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WASHINGTON The United Auto Workers (UAW) union said Friday it wants tax incentives for electric vehicles (EVs) revised to require U.S. assembly for those vehicles to qualify.
The current $7,500 tax incentive does not require EVs to be made in the United States. “The UAW is working with the Biden administration and Congress to make sure that the final legislation extending electric vehicle subsidies are clear that those investments subsidize the jobs of U.S. workers,” said UAW Vice President Terry Dittes.
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