Monday , January 25 2021

"They decided to go for anything electric, everything electric will not work"

US President Donald Trump said General Motors' decision to focus on electric vehicles would not work, and promised that a new trade agreement would make it difficult for the company to transfer operations to other countries.

Last year, General Motors said that it plans to launch 20 new electric vehicles up to 2023, while it faces tough regulatory requirements to produce vehicles without emissions in China and other countries.

The largest US automaker has faced fierce criticism in Washington after it announced plans to close four US factories and eliminate up to 15,000 jobs in North America.

Trump investigated GM's business strategy, Mary Barra, in an interview with Fox News.

"They changed the whole model of General Motors … They decided to go for anything electric … Anything electric will not work … It's wonderful to have it as a percentage of your cars, but to follow this model is that Applying, I think it's a mistake, "Trump said.

Last week, Barra was in the Capitol for two days to discuss the company's decision with irritating legislators from countries where the company will close the plants.

"Just tell me a few weeks before Christmas that it will be closed in Ohio and Michigan, I do not accept this", Said Trump.

General Motors did not comment on trump statements.

The president suggested that the new free trade agreement with Mexico and Canada makes it "very uncomfortable" for GM to build vehicles outside of the United States.

The Republican signed a new trade agreement with Mexico and Canada on November 30 to replace the North American Free Trade Agreement (NAFTA), but the new agreement must still be approved by the US Congress.

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