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Can Mexico capitalize on US automakers' pivot to electric vehicles?


Can Mexico capitalize on US automakers’ pivot to electric vehicles?
Mexico could become even bigger player in global automotive manufacturing industry
7 minutes read
As U.S. automakers pivot into the electric, autonomous vehicle era, cross-border operators say Mexico is more than ready to seize the moment. (Photo: GM Mexico)
The multibillion-dollar North American automotive sector, which includes one of the largest components of U.S.-Mexico trade, could dramatically change as many automakers make a substantial shift to manufacturing electric vehicles.
On April 30, General Motors (NYSE: GM) became the first U.S. automaker to announce it would build electric vehicles in Mexico. GM said it would invest $1 billion in its factory in Ramos Arizpe to produce electric cars. ....

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SORRY UAW: US Automakers Go to Mexico for Electric Vehicle Manufacturing


SORRY UAW: US Automakers Go to Mexico for Electric Vehicle Manufacturing
Posted on 05/01/2021
General Motors (GM), the largest U.S. automaker, decided to have its fifth plant to build its 2023 electric vehicles in Mexico where labor is cheaper and regulations are less cumbersome. General Motors plans to invest more than US$ 1 billion at its manufacturing complex in Ramos Arizpe, Coahuila, Mexico. This is for a new paint shop and innovative technology that will start operations in June 2021. GM will build batteries and electrical components at Ramos Arizpe starting later in 2021. GM sold 2.55 million vehicles in the United States in 2020, but only about 20,000 were EVs, including the Chevy Bolt hatchback. GM thinks it can sell all of its cars with zero emissions by 2035. GMs other EV plants are in: Spring Hill, Tennessee; Factory ZERO in Detroit and Hamtramck, Orion Assembly in Orion Township, and CAMI in Ingersoll, Ontario, Canada. ....

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GM electric cars: GM investing $1B to make EVs in Mexico


Detroit Free Press
General Motors has picked a fifth plant to build its 2023 electric vehicles and it is in Mexico, which the United Auto Workers union calls a slap in the face.  
GM has already declared it will make EVs at four locations in the United States and Canada.
But on Thursday, GM said it will invest more than $1 billion at its manufacturing complex in Ramos Arizpe, Coahuila, Mexico, for a new paint shop and innovative technology that will start operations in June 2021.
In a statement, GM said part of the initial investment is to prepare the site for an expansion of the assembly and Global Propulsion Systems plants, to make Ramos Arizpe Complex the fifth GM manufacturing facility to produce electric vehicles. ....

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