May 07, 2021

  • Daily Motion

GM plans to invest $1 billion to manufacture electric vehicles in Mexico

GM plans to invest $1 billion

GM plans to invest $1 billion to manufacture electric vehicles in Mexico

General Motors has announced its plans to invest $1 billion to manufacture electric vehicles in Mexico adding the 5th plant in North America with EV production capacity. The carmaker said in a statement that it will build electric vehicles in its Ramos Arizpe, Coahuila facility in 2023. Currently, gasoline-powered Chevrolet Equinox and Chevrolet Blazer models and engines and transmissions are built in the facility.

GM plans to invest $1 billion

The company is committed to spending $27 billion and building 30 electric vehicle models by 2025. According to Francisco Garza, president of GM Mexico, it plans to eventually expand the complex’s 6,500-employee workforce to add a third shift.

“We are really proud about contributing to GM’s vision of a future with zero crashes, zero emissions, and zero congestion, by the production of electric vehicles,” Garza said in the statement.

The company has Hummer EV and the Cadillac Lyriq as its latest electric vehicles based on the Ultium batteries. But this move seems to be angered the people in the US. The United Auto Workers (UAW) group VP, Terry Ditties, called this move a slap in the face of the union members and American taxpayers.

“At a time when General Motors is asking for a significant investment by the U.S. government in subsidizing electric vehicles, this is a slap in the face for not only UAW members and their families but also U.S. taxpayers and the American workforce,” he said in a statement.

General Motors reveals the SUV version of the electric Hummer. The electric SUV still has tough looks just like its IC version instead of a high-tech appearance which is common in most of the upcoming electric SUVs. The electric hummer SUV is available in four variants which are EV2, EV2X, EV3X and EV edition 1.

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