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GM’s EV push will cost it $1.6 billion in Q3 with end of the tax credit
With EV demand predicted to plummet, GM has rejiggered its production plans.
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cnbc.com
GM to take $1.6 billion charge related to EV pullback
GM's EV charges comes more than a year after crosstown rival Ford Motor announced a $1.9 billion impact from changing its EV plans.
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arstechnica.com
GM’s EV push will cost it $1.6 billion in Q3 with end of the tax credit
With EV demand predicted to plummet, GM has rejiggered its production plans.
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upi.com
GM to record $1billion dent amid EV scale-back - UPI.com
Detroit-based General Motors will take a billion-dollar financial loss in its third-quarter over GM's electric vehicle program after a shift in U.S. policy.
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aljazeera.com
GM takes $1.6bn hit as EV tax credit expires in US
The EV tax incentive was scrapped as part of US President Donald Trump’s mega tax bill passed earlier this year.