General Motors Co. will invest nearly $ 800 million to bring the production of the BrightDrop EV600 electric vehicle to the CAMI production plant in Ontario, Canada.
The investment will turn the plant into a large-scale electric vehicle production plant to support GM’s time to deliver the EV600 by the end of 2021, the company said in a statement. statement. The agreement is subject to ratification with the Unifor union and confirmation of government support.
GM on Tuesday announced the creation of a wholly owned company, BrightDrop, last week, with plans to supply battery-powered trucks, but also offers fleet management services.
See more: GM Expands Plug-In Push to Delivery Vans, Ultra-Luxury Cars
The proposed investment will create Canada’s first large-scale commercial electric vehicle factory, Ontario Prime Minister Doug Ford and Economic Development Minister Vic Fedeli said in a statement.
Separated, Ford Motor Co. reached a provisional contract agreement with Unifor in the second half of last year, including plans to assemble five battery-powered models, starting in 2025, at the Oakville, Ontario plant. The factory is in danger of closing because the Edge sports utility vehicle manufactured there has an uncertain future.
Fiat Chrysler Automobiles NV also agreed spent between C $ 1.35 billion and C $ 1.5 billion on a new electric vehicle platform at its plant in Windsor, Ontario.
GM has deep roots in Ontario, having built more than 20 million vehicles Oshawa plant since 1918. GM said last fall that it would invest up to C $ 1.3 billion ($ 997 million) to reopen the Oshawa assembly plant under a temporary agreement with Unifor.
(Updates with Ontario government comments and EV pacts related to the fourth paragraph.)