GM Strikes $1 Billion Deal for EV Factory in Ontario, Canada

According to CTV News, General Motors Canada and Unifor National have reached a tentative agreement that is expected to bring $1 billion CAD ($787 million USD) worth of investment to the former’s CAMI Assembly Plant in Ingersoll, Ontario.

While specific details of the deal have not been disclosed just yet, a spokeswoman for GM confirmed in a statement that the initial plan is to produce the BrightDrop EV 600 — a new electric delivery van GM announced at the Consumer Electronic Show — at the facility.

According to Unifor National President Jerry Dias, the deal, once ratified, will create new products, new jobs, and job security for existing workers at the CAMI plant.

The agreement will be presented to Unifor Local 88 members for them to vote on in an online ratification meeting scheduled for Sunday, January 17, with the results of the vote being released on Monday.

Unifor National was able to strike multiple deals for investment in electric vehicle production in Canada with veteran automakers like Ford and Fiat Chrysler throughout 2020, and once ratified, this agreement will bring the total investment secured by the trade union up to $6 billion CAD.

GM recently rebranded itself for its upcoming electric future, debuting a new logo and more, ahead of its zero-emissions future.