GM Agrees to EV Battery Production in UAW Deal, Bringing Strike Closer to Resolution

GM agreed to include EV battery production in its contract with UAW, a win for workers worried about job security with EVs.

UAW president did not expand strike to more GM plants last week due to EV agreement.

Strike continues at 43 facilities and about 25,000 workers across U.S.

UAW pushing for 'record contracts' citing automakers' 'record profits' in recent years.

Automakers have offered ~20% wage increases but not full 36% requested. Getting closer on other issues like cost of living allowance.