GM announces investments of more than $ 1 billion in Mexico to manufacture electric cars

Original note published in High Level

This Thursday, the American vehicle manufacturing company General Motors (GM), announced an investment of more than $ 1,000 million in Mexico. This will be intended for the manufacturing complex of Ramos Arizpe, Coahuila, open a new one Paint shop With innovative technology, their commissioning would be in June 2021. This in preparation for becoming one of the leading electric car production complexes in North America.

GM announces investments of more than $ 1 billion in Mexico to manufacture electric cars
GM announces investments of more than $ 1 billion in Mexico to manufacture electric cars

The company has stated in a statement that part of this initial investment will serve this purpose Expand assembly plants and global powertrains. The goal is to transform them Ramos Arizpe complex at GM’s 5th electric car manufacturing facility in North America, along with Spring Hill, Tennessee, Factory Zero, Detroit-HamTramck, Michigan, Orion, Michigan, and CAMI in Ontario, Canada.

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What does GM’s investment in Ramos Arizpe Complex entail?

Nevertheless General Motors Ramos Arizpe began construction on the new complex where they will be produced electric vehicles the company 2023. In addition, batteries and electrical components will start manufacturing ‘Drive units’, a propulsion system that powers electric vehicles.

The investment also includes improvements to the general infrastructure of the complex in the areas of materials, dining rooms, medical care and recreation rooms.

“We are very proud to contribute to the realization of GM’s vision of zero collisions, zero emissions and zero congestion and to contribute to the manufacture of electric vehicles.”commented Francisco Garza, President and CEO of GM Mexico.

“We trust that the necessary economic conditions will be met so that the complex can add another shift to the workforce in some plants. We thank the federal government and the government of Coahuila for sponsoring this investment. This is great news to continue celebrating GM’s 85+ years in Mexico and demonstrating our commitment to the country. “added the manager.

Image: Courtesy of GM via Alto Nivel.

According to the report, it has been 40 years since its inauguration, which has been extremely relevant to the company, he commented. Alicia del Valle, Executive Director of the Ramos Arizpe Assembly Plant. Emblematic vehicles like the Chevrolet Celebrity, Century, El Camino, Chevy and a few others have come off the production lines.

“This manufacturing complex has fueled the development of talent and suppliers in the region and we are very excited about the new project that brings the future into the present.”del Valle pointed out.

GM Ramos Arizpe will continue to manufacture Chevrolet Equinox and Chevrolet Blazer, as well as engines and transmissions. The company currently employs 5,600 people and, in addition to production for the domestic market, also exports products to more than 40 countries.

The company will later release further details on models, production start and markets.

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