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Fewer American EVs costs GM $6 billion even as its Chinese sales boom
Canceled contracts and scaled-back product plans turn out to be costly.
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cnbc.com
GM to record $7.1 billion in fourth-quarter charges due to EV pullback, China restructuring
GM's announcement comes after Ford said it would record similar writedowns following a broad resetting for the U.S. EV market.
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arstechnica.com
Fewer American EVs costs GM $6 billion even as its Chinese sales boom
Canceled contracts and scaled-back product plans turn out to be costly.