Posts tagged LG Energy Solution
Unions rebut claims green jobs will be worse for workers
September 26, 2023 // Automakers are in the midst of a massive transition to electric vehicles and other zero-emission models. While many announced voluntary goals of their own prior to Biden’s election, the shift is encouraged in part through federal tax credits included in last year’s climate, tax and health care reconciliation law known as the Inflation Reduction Act. Supporters of the transition say the issue at the moment is not one of job quantity. Job growth in zero-emission vehicles has significantly outpaced internal combustion engine vehicles, according to a report released this month by the nonpartisan business group E2. While the gas- and diesel-powered vehicle industry grew by 1.6 percent last year, the electric vehicle industry grew by 26.8 percent. Amid the transition, the UAW has expressed concerns that many of the jobs at these new facilities offer lower pay and fewer benefits to workers compared with jobs manufacturing internal combustion engines.
Electric Vehicle Factories Are Overwhelmingly Nonunion. The UAW Strike Could Change That.
September 20, 2023 // Nonunion companies are also getting in on the EV facility boomlet. Tesla plans to expand to a lithium refinery in Texas and produce battery cells, packs, and modules in California and Texas. Other companies investing in battery plants include BMW (South Carolina), Honda (Ohio), Hyundai (Georgia), Mercedes-Benz (Alabama), Toyota (North Carolina), Volkswagen (Ontario, Canada), and Volvo (South Carolina). The construction boom continues in nonunion plants. A variety of battery manufacturers are building new facilities, too. These include the Japanese company AESC (Tennessee, Kentucky, and South Carolina), the Chinese-owned Gotion (Michigan), South Korea’s LG Energy Solution (Arizona and Michigan) the start-up Our Next Energy (Michigan), Japanese-owned Panasonic (Kansas), South Korean SK Battery America (Georgia), and Redwood Materials, a recycling company (Nevada and South Carolina).
UAW Union Negotiates Pay Increase Deal For Ultium Battery Workers
August 28, 2023 // While still set to be voted upon this weekend, the UAW sees this as a stride towards increasing working conditions and salaries at the Ultium manufacturing facilities.
The United Auto Workers Meet Electrification
August 22, 2023 // LeRoy and Whiton calculated in their report that battery factory subsidies will range from $2 million to $7 million per job over the ten-year duration of the 45X program. One of their case studies is the $3.5 billion BlueOval Battery Park in Marshall, Michigan. So far, the facility has been awarded $1.7 billion in state and local government subsidies, in addition to qualifying for an expected $6.7 billion in federal 45X credits. Yet wages at the battery plant will average around $45,000 a year. The gap between the sheer amount of money on the table for manufacturers and the quality of job it translates into is the IRA’s weakest link. “The states where these facilities are located should be publicly saying that in exchange for such subsidies the company should allow for voluntary [union] recognition votes,” LeRoy suggested.