What’s Happening: General Motors (GM) has informed its St. Catharines, Ontario workforce that it plans to invest in manufacturing new Ultium electric drive units at the plant, subject to completing support agreements with federal and Ontario government partners. The investment is expected to support around 500 jobs at the St. Catharines facility and enable the production of more than 400,000 electric vehicle (EV) drive units per year.
Why It Matters: This investment plan by GM will play a critical role in the company’s EV future and support its goal of building 1 million EVs a year in North America by 2025. The production of new Ultium electric drive units at St. Catharines will be used in vehicles built on GM’s flexible EV architecture, called Ultium. This move also secures GM St. Catharines’ place in an EV future and protects hundreds of good paying jobs.
Key Points:
- The investment plan by GM is expected to support around 500 jobs at the St. Catharines facility.
- The new Ultium electric drive units produced at St. Catharines will be used in vehicles built on GM’s flexible EV architecture, called Ultium.
- GM aims to build 1 million EVs a year in North America by 2025.
- This move will secure GM St. Catharines’ place in an EV future and protect hundreds of good paying jobs.
- GM Canada has engaged with the Ontario and federal governments and expects to complete discussions later this year.
Bottom Line: General Motors plans to invest in new Ultium electric drive units at its St. Catharines, Ontario plant to support its growing electric vehicle lineup. This investment plan will enable the production of more than 400,000 EV drive units a year and support around 500 jobs at the St. Catharines facility. The move secures GM St. Catharines’ place in an EV future and supports it’s goal of building 1 million EVs a year in North America by 2025.
