General Motors to invest C$1 billion to manufacture electric vans in Canada
A tentative deal has been set between General Motors Co and labour union Unifor, on Friday, where the Detroit automaker will invest nearly C$1 billion in its CAMI Assembly Plant in Ontario, to manufacture commercial electric vans.
GM has agreed to begin large-scale commercial production of EV600, an electric van, at its CAMI plant. However, the union workers are yet to ratify the deal, Unifor said in a statement.
“We await the results of the ratification vote,” said Canadian Foreign Affairs Minister François-Philippe Champagne while welcoming the deal
The new deal builds upon recent investments by GM in Canada, which in November had agreed to invest C$1 billion in its Oshawa plant to expand production of its full-size pickup trucks.
Unifor, the union representing hourly workers in Canada, said more details of the deal would be presented to local members of the union at an online ratification meeting scheduled for January 17, the results of which are scheduled to be released a day later.
General Motors Company is an American multinational corporation headquartered in Detroit that designs, manufactures, markets, and distributes vehicles and vehicle parts, and sells financial services. It is home to several renowned cars like Chevrolet, Buick, GMC & Cadillac.