GM to invest C$1 bln in Canada plant to manufacture electric vans [Reuters]
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Source: Reuters
GM to invest C$1 bln in Canada plant to manufacture electric vans By Reuters Staff 2 Min Read Jan 15 (Reuters) - General Motors Co and labor union Unifor said on Friday they have reached a tentative deal for the automaker to invest nearly C$1 billion ($785.42 million) in its CAMI Assembly Plant in Ingersoll, Ontario, to manufacture commercial electric vans. Under the tentative deal, which is yet to be ratified by the union workers, GM has agreed to begin large-scale commercial production of EV600, an electric van, at its CAMI plant, Unifor said in a statement. The Detroit automaker said in a separate statement that work would begin immediately at the plant. 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. The Canadian government welcomed the deal and said it would confirm its support as soon as the union members ratified the deal. “We await the resul
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