Briefing

Fiat Chrysler to invest up to $1.5 billion to make electric vehicles in Windsor, Ont.

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Auto workers’ union Unifor has struck a deal with Fiat Chrysler Automobiles (FCA) that will see the automaker’s Windsor plant retooled to make plug-in or hybrid vehicles starting 2024. FCA will invest between $1.35 billion and $1.5 billion as part of the three-year tentative collective agreement between the union and the automaker. (The Globe and Mail, The Logic)

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Talking point: This is the second major electric-vehicle investment in Canada announced by one of the Big Three automakers this fall; Ford Motors recently announced it would be investing $1.8 billion, alongside the provincial and federal government, to turn its Oakville plant into an EV manufacturing hub. The “lion’s share” of the $1.5-billion investment will come from FCA, according to Unifor national president Jerry Dias, but the union is also in negotiations with federal and provincial governments for additional money. FCA’s Windsor assembly plant still employs 4,600 people, after a massive 1,500-person layoff in June when the facility moved into a two-shift schedule. Unifor said the EV investment will add 2,000 jobs to the Windsor plant.