
GM drowning in unsold BrightDrop vans as mounting EV inventory sparks mass layoffs
GM drowning in unsold BrightDrop vans as mounting EV inventory sparks mass layoffs
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GM Canada confirmed CAMI is making operational and employment adjustments to balance inventory and align production schedules with current demand.
About 1,200 Local 88 members work there assembling Chevrolet BrightDrop EVs and constructing battery modules and packs.
General Motors' all-electric CAMI Assembly plant in Ontario is halting production of BrightDrop delivery vans, Unifor said Friday. Unifor is Canada's largest private sector union, representing 320,000 workers.
The company will initiate temporary layoffs starting April 14 and production will stall for three weeks, Mike Van Boekel, plant chair for Unifor Local 88, which represents hourly workers at CAMI, told the Detroit Free Press.
Workers will return for two weeks in May for limited production, and then the factory will close for another 20 weeks. During this downtime, GM plans to complete retooling work to prepare the facility for production of the 2026 model year of commercial electric vehicles.
CAMI Assembly had run two shifts while producing Chevrolet BrightDrop vehicles. When production resumes in October, Unifor said the plant will operate on a single shift for the foreseeable future — a reduction expected to impact 450 workers.
'This is devastating for our members,' Van Boekel told the Detroit Free Press. 'We are losing these shifts indefinitely.'
About 1,200 Local 88 members work there assembling Chevrolet BrightDrop EVs and constructing battery modules and packs.
'This is a crushing blow to hundreds of working families in Ingersoll and the surrounding region who depend on this plant,' Unifor National President Lana Payne said in the statement. 'General Motors must do everything in its power to mitigate job loss during this downturn, and all levels of government must step up to support Canadian autoworkers and Canadian-made products.'
GM Canada confirmed CAMI is making operational and employment adjustments to balance inventory and align production schedules with current demand.
In case you missed it: GM storing poor-selling Canadian-made electric vans on Michigan lot
'GM remains committed to the future of BrightDrop, and the CAMI plant and will support employees through the transition,' the company said in a statement emailed to the Free Press. 'This adjustment is directly related to responding to market demand and rebalancing inventory. Production of BrightDrop and EV battery assembly will remain at CAMI.'
Many hurdles
GM's struggles with BrightDrop inventory come less than a year after the company folded the commercial vans into its Chevrolet brand in a bid to boost its performance.
GM has tried and failed to gain ground against competitors, including Ford and Rivian, in the electric van space, an effort further hindered by the vehicle's high price tag. Sam Fiorani, vice president of global vehicle forecasting at AutoForecast Solutions, said the opaque trade environment spurred by President Donald Trump's vacillating tariff announcements hardly aided the company's U.S. sales projections.
'If there's a tariff with Canada, how do you build any vehicle of volume there to be sold in the U.S.?' Fiorani asked.
Tariffs with Canada currently stand at 25%, though the auto industry is still seeking clarity about whether vehicles and parts compliant with the U.S.-Mexico-Canada Agreement are included.
GM produces BrightDrop 400 and BrightDrop 600 vans at CAMI Assembly, Canada's — and GM's — first full-scale all-electric vehicle manufacturing plant, which required massive investment to retool for EV production, including funding support from both governments. As the Free Press first reported, a glut of those slow-selling delivery vans has built up on both sides of the U.S.-Canada border.
CAMI produced 3,500 electric Chevrolet BrightDrop delivery vans last year — compared with nearly 200,000 Chevrolet Equinox crossovers the plant produced five years earlier — according to the Automotive News Data & Research Center. Of those, GM sold only 1,529, compared with Ford's 12,610 E-Transit vehicles and Rivian's 13,243 EDV.
GM reported sales of just 274 Chevrolet BrightDrop vehicles so far this year, up 7% from 256 sold in the first quarter of 2024.
Last month, a Free Press photographer captured images of hundreds of vehicles lining a Flint storage lot. Reuters published similar photos from CAMI in Ingersoll, Ontario.
CAMI reopened in late 2022 following a retooling period outfitting the facility for electric vehicle production. Production stalled again this year with a scheduled two-week shutdown to 'align production schedules and balance inventory,' a GM spokesperson said in a statement.
Part of the reason BrightDrop sales are lagging in the U.S. is the comparatively high price tag to nearest competitors. Before incentives, the vehicles cost about $74,000. Ford's E-Transit van with extended battery range, for example, is $51,600 — more than $20,000 cheaper — even before applying incentives.
Falling far short of projections
GM launched BrightDrop in 2021 as a wholly owned subsidiary with expectations its revenue would top $10 billion by 2030 with low-20% profit margins.
BrightDrop CEO Travis Katz said in 2022 that the company expected to be making 50,000 trucks a year starting in 2025 and bring in 'a lot of revenue.' Katz left the company in late 2023 without specifying why as GM began reorganizing BrightDrop to function less independently and reduce costs.
'Make no mistake — the world is moving rapidly towards electrification. If Canada and the U.S. hit pause now, we may never catch up,' Payne said in the statement. 'We risk surrendering our future unless we act decisively to support our own industry.'
The economics, and the lack of charging infrastructure, likely made it difficult for the company to find a foothold in the U.S. market, Fiorani said.
'It should be easy to convince a business that you can drive this thing. On paper, it's a good idea. But business owners that are not used to taking risks won't buy something they don't understand fully,' he said. 'In early 2020, when everybody was delivering things directly to their homes, this was a perfect vehicle for that market.'
Jackie Charniga covers General Motors for the Free Press. Reach her at jcharniga@freepress.com.
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The Company reserves the right to amend any or all of these dates and times without notice, subject to the Corporations Act, the ASX Listing Rules and other applicable laws. ABOUT FIREFLY METALS FireFly Metals Ltd (ASX, TSX: FFM) is an emerging copper-gold company focused on advancing the high-grade Green Bay Copper-Gold Project in Newfoundland, Canada, which is comprised of multiple assets, including the Ming underground mine and Little Deer exploration project. The Green Bay Copper-Gold Project currently hosts a Mineral Resource prepared in accordance with the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code 2012) and Canadian National Instrument 43-101 - Standards of Disclosure for Mineral Projects (NI 43-101) of 24.4Mt of Measured and Indicated Resources at 1.9% for 460Kt CuEq and 34.5Mt of Inferred Resources at 2% for 690Kt CuEq. 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Metal equivalents for the Mineral Resource Estimate mineralisation have been calculated at a copper price of US$8,750/t, gold price of US$2,500/oz and silver price of US$25/oz. Individual Mineral Resource grades for the metals are set out at Appendix A of this announcement. Copper equivalent was calculated based on the formula CuEq(%) = Cu(%) + (Au(g/t) x 0.82190) + (Ag(g/t) x 0.00822). Metallurgical factors have been applied to the metal equivalent calculation. Copper recovery used was 95%. Historical production at the Ming Mine has a documented copper recovery of ~96%. Precious metal metallurgical recovery was assumed at 85% on the basis of historical recoveries achieved at the Ming Mine in addition to historical metallurgical test work to increase precious metal recoveries. 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COMPETENT PERSON / QUALIFIED PERSON All technical and scientific information in this announcement has been reviewed and approved by Group Chief Geologist, Mr Juan Gutierrez BSc, Geology (Masters), Geostatistics (Postgraduate Diploma), who is a Member and Chartered Professional of the Australasian Institute of Mining and Metallurgy and a Member of the Australian Institute of Geoscientists. Mr Gutierrez is a Competent Person as defined in the JORC Code 2012 and a Qualified Person as defined in NI 43-101. FORWARD-LOOKING INFORMATION This announcement may contain certain forward-looking statements and projections, including statements regarding the Equity Raising, the SPP, and FireFly's plans, forecasts and projections with respect to its mineral properties and programs, including the use of proceeds of the Equity Raising and SPP and the completion and expected closings of the Equity Raising and SPP. Forward-looking statements may be identified by the use of words such as "may", "might", "could", "would", "will", "expect", "intend", "believe", "forecast", "milestone", "objective", "predict", "plan", "scheduled", "estimate", "anticipate", "continue", or other similar words and may include, without limitation, statements regarding plans, strategies and objectives. Although the forward-looking statements contained in this announcement reflect management's current beliefs based upon information currently available to management and based upon what management believes to be reasonable assumptions, such forward-looking statements and projections are estimates only and should not be relied upon. They are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors many of which are beyond the control of the Company, which may include changes in commodity prices, foreign exchange fluctuations, economic, social and political conditions, and changes to applicable regulation, and those risks outlined in the Company's public disclosures. The forward-looking statements and projections are inherently uncertain and may therefore differ materially from results ultimately achieved. For example, there can be no assurance that FireFly will be able to confirm the presence of Mineral Resources or Ore Reserves, that FireFly's plans for development of its mineral properties will proceed, that any mineralisation will prove to be economic, or that a mine will be successfully developed on any of FireFly's mineral properties. 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APPENDIX A Green Bay Copper-Gold Project Mineral Resources Ming Deposit Mineral Resource EstimateTONNES COPPER GOLD SILVER CuEq(Mt) Grade (%) Metal ('000 t) Grade (g/t) Metal ('000 oz) Grade (g/t) Metal ('000 oz) Grade (%) Measured 4.7 1.7 80 0.3 40 2.3 340 1.9 Indicated 16.8 1.6 270 0.3 150 2.4 1,300 1.8 TOTAL M&I 21.5 1.6 340 0.3 190 2.4 1,600 1.8 Inferred 28.4 1.7 480 0.4 340 3.3 3,000 2.0 Little Deer Mineral Resource EstimateTONNES COPPER GOLD SILVER CuEq(Mt) Grade (%) Metal ('000 t) Grade (g/t) Metal ('000 oz) Grade (g/t) Metal ('000 oz) Grade (%) Measured - - - - - - - - Indicated 2.9 2.1 62 0.1 9 3.4 320 2.3 TOTAL M&I 2.9 2.1 62 0.1 9 3.4 320 2.3 Inferred 6.2 1.8 110 0.1 10 2.2 430 1.8 GREEN BAY TOTAL MINERAL RESOURCE ESTIMATETONNES COPPER GOLD SILVER CuEq(Mt) Grade (%) Metal ('000 t) Grade (g/t) Metal ('000 oz) Grade (g/t) Metal ('000 oz) Grade (%) Measured 4.7 1.7 80 0.3 45 2.3 340 1.9 Indicated 19.7 1.7 330 0.2 154 2.6 1,600 1.9 TOTAL M&I 24.4 1.7 400 0.3 199 2.5 2,000 1.9 Inferred 34.6 1.7 600 0.3 348 3.1 3,400 2.0 1. 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- Forbes
The 2025 GMC Sierra EV Denali Is Electrified Truck Luxury
GMC Sierra EV Denali With up to 460 miles of range and top-shelf premium interior, the 2025 GMC Sierra EV Denali has a lot to offer. This full-size truck is available in six colors (Dark Ember Tintcoat, Deep Ocean Metallic, Summit White, Onyx Black, and Moonlight Matte) and is capable of fast charging at up to 350 kilowatts. If you have access to that caliber of charging ports, then you'll get 100 miles of range in about 10 minutes. Like its mechanical sibling, the Chevrolet Silverado EV, the GMC Sierra EV sits on GM's Ultium battery platform and the two share the MultiPro tailgate. However, GMC's all-electric truck is available with more upscale luxury at the Denali trim level. By the way, if you hear people call any GMC product 'a Denali' that's not technically true since it could be more than one model. That speaks to the popularity of the Denali grade across the board: it's GMC's most-purchased trim level. GMC Sierra EV Denali Right in the center of the dashboard, a 16.8-inch portrait-style touchscreen is standard with a clear and crisp graphic interface. Apple CarPlay and Android Auto are not available for GM products, so you're out of luck if that's a critical feature. The native features are very good, though, and the audio control options are fantastic. There's a large volume knob in the center, and you can channel surf all you like with the behind-the-steering-wheel toggle switches or on the touchscreen itself. GMC doesn't skimp on interior materials for the Denali grade trucks. Open-pore wood and leather offer an ambiance not unlike a comfortable living room. GMC Sierra EV Denali Boasting 760 horsepower and 785 lb-ft of torque in Max Power mode, the GMC Sierra EV Denali is no slouch. Perhaps surprisingly, the truck accelerates smoothly and quickly even though it tips the scales at nearly 9,000 pounds. In comparison, GMC's bulky Hummer EV weighs about the same, but its incredible power and impressive turning radius make it one of my favorite vehicles on the road. Sure, both the GMC Sierra EV and the Hummer EV are massive, but they're fun. GMC Sierra EV Denali Sure, you can still buy a gas-powered GMC Sierra; in some cases, that will work better for your needs. If towing is an important criteria, the fuel-burning GMC Sierra can tow more--up to 13,300 pounds, when properly equipped. The GMC Sierra EV, on the other hand, can tow up to 10,000 pounds. Plus, it includes GMC's ProGrade Trailering system, a package that includes a hitch-view camera, an integrated trailer brake controller, and trailer tire pressure sensors, among other helpful tools. On top of that, the truck bed can hold 57.5 cubic feet and the 'frunk' up front keeps another 11 cubic feet safe and dry. Add a tonneau cover and you'll have plenty of space for a family of four to take a well-equipped camping trip. The 2025 GMC Sierra EV Denali starts at $91,995 for the Extended Range version and $100,495 for Max Range to get the full 460 miles on a full charge.