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Workers to decide whether to unionize Ohio GM-LG battery joint venture

By David Shepardson (Reuters) - Workers next month will decide whether to unionize at a General Motors-LG Energy battery cell manufacturing joint venture in Ohio, a U.S....
Workers to decide whether to unionize Ohio GM-LG battery joint venture © Reuters
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By David Shepardson

(Reuters) - Workers next month will decide whether to unionize at a General Motors-LG Energy battery cell manufacturing joint venture in Ohio, a U.S. government agency said.

The National Labor Relations Board (NLRB) said workers at Ultium Cells LLC in Warren, Ohio, will vote Dec. 7-8 after the United Auto Workers (UAW) petitioned to represent about 900 workers.

The vote is a crucial test of the UAW's ability to organize workers in the growing electric vehicle supply chain.

The UAW petition sought the election after a majority of employees signed cards authorizing the union to represent them.

An Ultium spokesperson on Wednesday said the venture "respects workers’ right to choose union representation and the efforts of the UAW to organize battery cell manufacturing workers at our Ohio manufacturing site."

The UAW declined to comment Wednesday but UAW President Ray Curry said in October that "by refusing to recognize their majority will, Ultium – which is a joint venture between General Motors (NYSE:GM) and LG Energy Solution – has decided to ignore democracy and delay the recognition process."

In August, the Ohio plant began production, the first of at least four planned Ultium U.S. battery factories.

In a trip to South Korea in May, U.S. President Joe Biden expressed support for workers seeking to unionize JV battery plants. The Detroit Three automakers all have battery plants in the works with Korean partners.

South Korea and the Biden administration have sparred over a U.S. decision to revise a tax credit making all EVs assembled outside North America ineligible for tax credits, including all Hyundai and Kia EVs for sale.

GM and LG Energy are considering an Indiana site for a fourth U.S. battery plant. They are building a $2.6 billion battery cell plant in Michigan, set to open in 2024, and a $2.3 billion Tennessee plant to be completed in 2023.

In July, the U.S. Energy Department said it intends to loan Ultium $2.5 billion to help finance new lithium-ion battery cell manufacturing facilities including the Ohio plant.

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26-11-2022 20:35:46 (UTC+7)

EUR/USD

1.0402

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EUR/USD

1.0402

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USD/JPY

139.12

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0.6751

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    EUR/USD 1.0402 Neutral  
    GBP/USD 1.2095 ↑ Buy  
    USD/JPY 139.12 Neutral  
    AUD/USD 0.6751 Neutral  
    USD/CAD 1.3377 Sell  
    EUR/JPY 144.66 ↑ Sell  
    EUR/CHF 0.9835 Neutral  
    Gold 1,755.00 Sell  
    Silver 21.480 ↑ Buy  
    Copper 3.6175 ↑ Buy  
    Crude Oil WTI 76.55 Buy  
    Brent Oil 83.91 ↑ Sell  
    Natural Gas 6.802 ↑ Sell  
    US Coffee C 164.40 ↑ Sell  
    Euro Stoxx 50 3,962.41 ↑ Buy  
    S&P 500 4,026.12 Neutral  
    DAX 14,541.38 ↑ Buy  
    FTSE 100 7,486.67 ↑ Buy  
    Hang Seng 17,573.58 Neutral  
    Small Cap 2000 1,869.19 ↑ Buy  
    IBEX 35 8,416.60 Sell  
    BASF 49.605 Neutral  
    Bayer 55.45 Sell  
    Allianz 205.35 ↑ Buy  
    Adidas 123.98 Neutral  
    Lufthansa 7.567 ↑ Sell  
    Siemens AG 132.06 ↑ Buy  
    Deutsche Bank AG 10.390 ↑ Buy  
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,660/ 6,730
(0/ 0) # 1,488
SJC HCM6,660/ 6,760
(-10/ -10) # 1,510
SJC Hanoi6,660/ 6,762
(-10/ -10) # 1,512
SJC Danang6,660/ 6,762
(-10/ -10) # 1,512
SJC Nhatrang6,660/ 6,762
(-10/ -10) # 1,512
SJC Cantho6,660/ 6,762
(-10/ -10) # 1,512
Cập nhật 26-11-2022 20:35:49
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ↀ Giá vàng thế giới
$1,754.60 -0.88 -0.05%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩm Vùng 1 Vùng 2
RON 95-V24.91025.400
RON 95-III23.78024.250
E5 RON 92-II22.67023.120
DO 0.05S24.80025.290
DO 0,001S-V26.78027.310
Dầu hỏa 2-K24.64025.130
ↂ Giá dầu thô thế giới
WTI $76.34 0 0%
Brent $83.73 0 0%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD24.570,0024.840,00
EUR25.158,7926.565,16
GBP29.229,5930.473,22
JPY173,58183,74
KRW16,1719,70
Cập nhật lúc 18:00:47 26/11/2022
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