GM’s EV Production Retreat Leads To A $1.6 Billion Financial Hit

CleanTechnica
By Larry EvansOct 14, 2025, 11:57 pm129 ptsTrending
As widely reported today, GM announced in a public filing that it is taking on $1.6 billion in charges associated with scaling back US EV manufacturing capacity. The capacity reduction was justified in the filing because “the termination of certain consumer tax incentives for EV purchases and the reduction in…

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