The Ontario government has taken a new step in supporting electric vehicles (EV).
Today the Canadian government announced it is supporting a hefty $2 billion investment being made by General Motors of Canada Company. The investment is part of a bid for Canada’s first full-scale commercial EV facility.
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GM plans to redesign its Oshawa and CAMI plants. The plan includes $259 in grants from the Ontario government. Ontario and Canada as a whole continue to hit new milestones in their investments in the EV industry.
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This plan will once again boost production at GM’s Oshawa assembly plant. Once back in service, it will open up thousands of new “well-paying, quality jobs” for people in the area. In 2019, operations at the plant were discontinued and have remained so to this day.
“This vote of confidence from Ontario’s General Motors is further evidence that our government is safeguarding our auto sector for the next generation of workers by attracting pioneering investment,” Premier Doug Ford said in a statement to the media. “This investment will support 2,600 jobs here in Oshawa and is a huge win for the people of Durham and Ontario’s automotive sector. It shows once again that the cars of the future will be made right here in Ontario by Ontario workers.”
The CAMI assembly plant in Ingersoll will be rebuilt as part of this investment. This transformation is critical and allows the plant to become Ontario’s first full-scale commercial electric vehicle manufacturing facility.
GM’s EV600, the company’s first commercial electric vehicle, uses BrightDrop technology. By the end of 2022, the technology will be produced by GM at the Ingersoll plant.
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“Working with our government partners, we reopened GM’s Oshawa plant, created thousands of new jobs and hired a record number of women in manufacturing positions.” Marissa West, President and CEO of GM Canada, continued. “This partnership with the governments of Ontario and Canada is helping GM build a more diverse, innovative and sustainable electric vehicle industry and supply chain for the future – and we’re proud to be doing it right here in Canada.”
In Canada, the automotive industry supports nearly 500,000 Canadian workers. It also contributes $16 billion to Canada’s gross domestic product and is one of the country’s newest exports.