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Home General Motors

GM has has “no plans” to move EV production from Mexico

April 21, 2025
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GM has has “no plans” to move EV production from Mexico
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Regardless of ongoing hypothesis relating to tariffs, union jobs, and numerous uncertainties within the business, Normal Motors (GM) has confirmed that it has no intention of relocating its manufacturing of Ultium-based electrical automobiles (EVs) from Mexico to the USA.

Since final yr, GM has been completely manufacturing electrical vehicles at its facility in Ramos Arizpe, Mexico. The institution has created roughly 5,000 new jobs, in response to Raquel Buenrostro, the Secretary of Anti-Corruption and Good Authorities in Mexico. The manufacturing at this facility has yielded in style fashions such because the Chevy Equinox EV and Honda’s Prologue, each of which have been well-received of their respective markets.

GM’s determination to keep up manufacturing in Mexico is additional underscored by the feedback of Adrián Enciso, the director of GM de México’s EV operations, who said in an interview with the Spanish-language publication Milenio, “Presently, GM has no plans to halt or relocate manufacturing of any of our EV fashions made in Mexico. It’s potential that further fashions, similar to the brand new 2026 Chevy Spark, is also manufactured right here.”

Market Watch has indicated that proposed tariffs, if applied, might enhance GM’s manufacturing prices for electrical automobiles in Mexico by as much as $4,300 per unit. Whereas this potential enhance might have an effect on GM’s profitability, the corporate would possibly nonetheless produce these automobiles in Mexico on the market in Canada and different markets, notably for the reason that new Spark is aimed toward Central and South American clients.

Finally, GM seems to have the capability to soak up these prices with out considerably jeopardizing its operations.



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Tags: GMMexicomovePlansProductionTariffs
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