Despite tariffs, GM continues to produce EVs in Mexico [update]

Regardless of the will-they, received’t-they uncertainty surrounding the way forward for tariffs and union jobs and – let’s face it – nearly every thing else in each business nowadays, GM continues to construct its Ultium-based EVs in Mexico.

Replace 22APR25: corrected the interpretation from Milenio.

GM has solely produced electrical vehicles at its plant in Ramos Arizpe, Mexico since final yr, and has created some 5,000 new jobs within the space in response to economist Raquel Buenrostro, who presently serves as Mexico’s Secretary of Anti-Corruption and Good Authorities. And people vehicles – together with the favored Chevy Equinox EV and Honda’s hot-selling Prologue – have been enormous hits of their respective segments.

The Common appears to know a great factor when it sees one, so it ought to come as no shock to be taught that GM has not scuttled its meeting strains in another country.

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“In the meanwhile, not one of the fashions produced in Mexico are being stopped or transferred to the US,” the director of GM de México’s EV operations, Adrián Enciso, advised the Spanish-language newspaper, Milenio.

Market Watch is reporting that the proposed tariffs, in the event that they take impact, may increase GM’s price to make electrical vehicles in Mexico by as much as $4,300 per car. However whereas that would put a big per-unit dent in GM’s earnings, it’s price noting that the EVs would possibly proceed to be in-built Mexico and offered in Canada and different markets – the brand new Spark, particularly, is focused in the direction of Central and South America, anyway.

And, frankly, GM can afford it.

SOURCE: Mexico Information Day by day.

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