General Motors (NYSE:GM)
Workers at a joint venture electric car battery facility in Ohio owned by General Motors (NYSE:GM) voted overwhelmingly to join the United Auto Workers union. The factory is located in Ohio.
According to the Associated Press, the 900 employees at the new factory close to Warren, Ohio, are the first workers at a battery plant to vote on whether or not to have union representation.
Given that a more significant proportion of employees in the automotive sector are anticipated to participate in the manufacture of batteries for electric cars each year, union development may prove to be necessary.
GM stock has committed to selling solely electric passenger cars by 2030, which is some time in the future. It is significant because the Ohio factory was the first location to commence production of battery cells that would be incorporated into packs to power electric automobiles.
In preparation for the future, General Motors (GM) has stated that it would construct more battery plants in the North American cities of Lansing, Michigan, and Spring Hill, Tennessee. These two locations are being constructed in partnership with LG Energy Solution of South Korea.
Thursday, the Chief Executive Officer of GM stock, Mary Barra, told the Automotive Press Association in Detroit that the firm is happy to have the union at its battery facility.
In addition to GM stock, Ford (NYSE:F) also intends to construct three battery facilities in the United Areas. These factories will be located in Kentucky and Tennessee, two states with a labor force that may not be as union-friendly as employees in the Great Lakes region. Meanwhile, Stellantis (NYSE:STLA) plans to construct two new battery plants, one in Kokomo, Indiana, and the other in Canada.
Featured Image – Pexels © Malte Luk
Author Shariq Khan 
