CANADA'S LEADING INFORMATION SOURCE FOR THE METALWORKING INDUSTRY

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CANADA'S LEADING INFORMATION SOURCE FOR THE METALWORKING INDUSTRY

CANADA'S LEADING INFORMATION SOURCE FOR THE METALWORKING INDUSTRY

GM makes historic investment in Canadian EV production

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The news keeps getting better for shops serving Ontario’s automotive sector. General Motors of Canada is announcing a $2 billion investment to transform its Ingersoll CAMI plant into the first full-scale electric vehicle production facility in Canada while adding production to its Oshawa plant.

The CAMI plant in Ingersoll will become GM’s designated EV hub for its new all-electric commercial vehicle brand BrightDrop. The historic investment will also add light-duty Chevy Silverado pickup production and a third shift at GM’s Oshawa plant, creating more than 2,600 new, local jobs since operations resumed at the plant.

“Working with our government partners we have reopened our Oshawa plant, creating thousands of new jobs and recruiting a record number of women in production roles. Later this year, our CAMI plant in Ingersoll will begin Canada’s first full-scale electric vehicle manufacturing with BrightDrop,” said Marissa West, GM Canada President and Managing Director. “This partnership with the governments of Ontario and Canada is helping GM build a more diverse, innovative and sustainable industry and EV supply chain for the future.”

Today’s more than $2 billion investment by GM Canada builds on other recent historic investments that continue to transform Ontario’s automotive manufacturing sector. Over the last several months, Ontario has attracted $10 billion in game-changing investments by Ford, ArcelorMittal Dofasco, Honda, and a joint venture between LG Energy Solution and automaker Stellantis to build the province’s first large-scale electric vehicle battery manufacturing plant in Windsor. More than $5 billion of these investments are in transformative hybrid and electric vehicle production at Ontario assembly plants.

“Through this game-changing investment, GM has deepened their commitment to Ontario and its workers, and advanced Ontario’s drive to become one of the most vertically integrated automotive jurisdictions in North America,” said Vic Fedeli, minister of economic development, job creation and trade for Ontario.

The province is contributing $259 million in grant support, a sum that is being matched by the federal government.

“This is proof that Canada’s auto sector is here for the long term. GM’s continued commitment to its facilities in Canada, and its decision to set up the country’s first electric vehicle production facility, highlight how Canada is a world leader in building the vehicles of the future,” said Francois-Philippe Champagne, minister of innovation, science and industry.

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