General Motors scales back EV investments with $6 billion charge
GM reduces EV production amid lower demand, affecting supply chain and contract negotiations with suppliers
General Motors (GM) announced a $6 billion charge to scale back some of its electric vehicle investments, becoming the latest automaker to do so amid policy changes by the US Trump administration and a decline in EV demand.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
