GM to take $6 billion charge after EV pullback - Fast Company
1 day ago · GM to take $6 billion charge after EV pullback GM’s previous goal was to make the vast majority of the vehicles electric by 2035, and the entire company carbon neutral five years …
GM to take $6 billion writedown on EV pullback | Reuters
2 days ago · General Motors said on Thursday it would take a $6 billion charge to unwind some electric-vehicle investments, the latest car company to pull back from EVs in response to the …
GM Writing Down Another $6B For Cutting EV Investments
2 days ago · GM has announced that it will write down another $6 billion charge as the result of its decision to pull back on certain EV investments and agreements.
GM takes $6 billion hit as cost of backing away from EVs
3 days ago · General Motors on Thursday said it will take an additional $6 billion hit against its earnings as result of it pulling back on its electric vehicle plans.
GM Takes $6 Billion EV Charge as Electric Vehicle Cutbacks …
2 days ago · GM said the new writedown lifts total EV-related charges to $7.6 billion, with additional China restructuring costs hitting fourth-quarter results.
GM Hit With $6 Billion in Charges as EV Incentives Cut and …
2 days ago · General Motors will be hit with charges of about $6 billion as sales of electric vehicles sputter after the U.S. cut tax incentives to buy them and also eased auto emissions …
GM’s EV Backpedal Comes With a Billion-Dollar Price Tag
1 day ago · GM will take a $6 billion charge to unwind parts of its EV strategy, largely tied to canceled supplier contracts and reduced production expectations as U.S. EV demand cools. …
General Motors writes down $6 billion as domestic EV sales …
2 days ago · General Motors writes down $6 billion as domestic EV sales plans change Canceled contracts and scaled-back product plans turn out to be costly.
GM’s $6 Billion EV Pullback: How Shifting U.S. Policies Are …
2 days ago · General Motors announced on Thursday that it expects to take another $6 billion loss tied to its decision to scale back its electric vehicle ambitions. This comes on top of a $1.6 …
GM to Take $6 Billion Writedown as It Scales Back EV Ambitions …
2 days ago · GM announces a $6 billion writedown tied to scaling back EV production and canceling supplier contracts amid shifting demand and policy changes.