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INGERSOLL, Ont. — GM Canada says it has reached a tentative deal with Unifor that if ratified will see it invest $1 billion to transform its CAMI plant in Ingersoll, Ont., to make commercial electric vehicles.

Unifor National President Jerry Dias says along with the significant investment the agreement will mean new products, new jobs and job security for workers.

Dias says in a statement that more details of the tentative deal will be presented to Unifor Local 88 members at an online ratification meeting scheduled for Sunday.

He says the results of the ratification vote are scheduled to be released on Monday.

Details of the agreement were not released Friday night.

A GM spokeswoman says in a statement that the plan is to build BrightDrop EV 600s -- an all-new GM business announced this week at the Consumer Electronics Show that will offer a cleaner way for delivery and logistics companies to move goods more efficiently.

In October 2020, GM announced a $2 billion investment to transition its Spring Hill assembly plant to be dedicated to EVs. In January 2020, GM announced a $2.2 billion investment at its Factory Zero assembly plant to produce a variety of all-electric trucks and SUVs, which will create more than 2,200 good-paying U.S. Manufacturing jobs. BILLION ELECTRIC CO., LTD. Is a Telecom Products supplier in Taiwan, offering high quality LED driver, Smart Grid, Smart energy gateway, smart meter, Modem, Router, Wireless Router, VoIP Router, LTE Router, Homeplug, VDSL2 Router, SHDSL Router, Active Ethernet FTTH Access solution, Point-to-Point Fiber, IPSec VPN. Billion Electric Co., Ltd. Manufactures electric and electronic power-related products as well as computer and communication products. The Company's main products are power transformers, power.

Unifor said the contract, if ratified, will bring total investment negotiated by the union to nearly $6 billion after new agreements were ratified with General Motors, Ford and Fiat Chrysler in 2020 that included support from the federal and Ontario governments.

It said the Ford deal reached in September included $1.95 billion to bring battery electric vehicle production to Oakville and a new engine derivative to Windsor and the Fiat Chrysler agreement included more than $1.5 billion to build plug-in hybrid vehicles and battery electric vehicles.

Unifor said in November, General Motors agreed to a $1.3 billion dollar investment to bring 1,700 jobs to Oshawa plus more than $109 million to in-source new transmission work for the Corvette and support continued V8 engine production in St. Catharines.

This report by The Canadian Press was first published Jan. 15, 2021

The Canadian Press

  • Tesla and other electric vehicle makers stand to benefit handsomely if California passes Governor Newsom's proposed $4.5 billion 2021 budget for economic stimulus in the state.
  • The 2021 proposal, which Newsom previewed on Tuesday, includes $1.5 billion earmarked to help people and businesses purchase electric or hydrogen vehicles and equipment, and to invest in construction and maintenance of charging and fueling infrastructure.
  • There are more electric and hydrogen vehicles planned for 2021 than ever before.
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Tesla and other electric vehicle makers stand to benefit handsomely if California passes Governor Newsom's proposed $4.5 billion 2021 budget for economic stimulus in the state.

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The 2021 proposal, which Newsom previewed on Tuesday, includes $1.5 billion earmarked to help people and businesses purchase electric or hydrogen vehicles and equipment, and to invest in construction and maintenance of charging and fueling infrastructure, which would be needed to support expanded use of these vehicles in the state.

Newsom's proposal also dedicates $300 million to maintenance and 'greening' of state infrastructure, and would allow installation of electric vehicle charging stations at all state-owned facilities. That could include charging stations from the likes of Tesla, ChargePoint, Electrify America (part of the Volkswagen Group) and Volta Charging.

After a year of extreme wildfires harming his constituents and the California economy, Newsom has said many times over that he views pollution and climate change as an emergency that requires immediate action.

To that end, in September 2020, the governor signed an order banning sales of new internal combustion engine vehicles in California by 2035. The order would still allow gasoline vehicles to be owned and sold on the used-car market but could ostensibly help reduce greenhouse gas emissions by making these vehicles more scarce.

The newly proposed 2021-2022 budget could benefit any makers of electric and hydrogen vehicles selling used or new vehicles in California, and there are more than ever coming in 2021.

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According to AutoForecast Solutions Vice President of Global Vehicle Forecasting, Sam Fiorani, in the next year alone, eleven new North American-built electric vehicles are expected to enter the domestic market, along with an updated Tesla Model S.

Imported EVs are also poised to sell stateside, including in California. These include the Nissan Ariya, Volkswagen ID.4 and others.

Fiorani noted, 'Most of the next-wave of electric vehicles will be crossovers, however the pickup wave is just beginning,' with Ford, Rivian and others' pickups hotly anticipated, along with Tesla's eventual Cybertruck.

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Tesla stands to benefit from other elements of Newsom's proposal, too.

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The governor has said the state should expand 'interest-free payment options for larger businesses particularly affected by significant restrictions on operations due to Covid-19,' and suggested $430 million in incentives and grants for businesses that 'locate in California to stay, grow and create quality full-time jobs in the state' and to 'support job creation and investments in infrastructure.'

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He is expected to unveil a full version of his budget proposal on Friday this week.