GM

U.S. President Joe Biden visited General Motor’s newly renovated Factory Zero electric vehicle plant. Biden was accompanied by GM’s CEO, United Auto Workers President, Labor Secretary and members of Michigan’s congress. Event was organized to launch the new Factory Zero Detroit Assembly Center which is GM’s second plant in North America.

Employment Prospects

The term Factory Zero refers to facility’s significant role in promoting GM’s vision of a world with zero crashes and zero emissions.  This renovation included 6 modules which will employ more than 2,200 employees. Initially, 2 modules are fully operational and are building pre-production models. The company is spending $35 million in EVs and autonomous vehicles between 2020 and 2025. GM’s CEO announced that the company will double the number of employees in Factor Zero.

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    President Biden’s Visit

    Before delivering formal remarks, Biden toured the plant and took a spin in the new Hummer EV pickup. Factory Zero plant is in the pre-production phase for GMC Hummer EV Pickup and is expected to arrive at dealerships by December. However, the new plant will build Hummer SUV and electric Chevrolet Silverado as well. The plant will employ 2,200 employees at full functionality.

    Joe Biden and other participants of the event were confident over the prospects of EV sector. Biden said the infrastructure bill will help the U.S. in competing with China in global electric vehicle industry. The bill includes $7.5 billion to help build out a nationwide electric vehicle charging network. Another, $7.5 billion for electric school buses. For most of the 21st century, we led the world by significant margin because we invested in our people, we invested in ourselves,” Biden said.

    The presidential visit Wednesday “should help further bolster Detroit’s name in the EV game,” said Jessica Caldwell, executive director of insights at Edmunds.com Inc.

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