Gm takes a 6 billion hit on evs – Breaking News & Latest Updates 2026
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Andrew J. Hawkins
GM takes a $6 billion hit on EVs.

The charge is related to the automaker’s plans to reduce some of its EV production in the face of cooling demand and a less hospitable regulatory environment. It comes a week after Ford said it would take a similar financial hit on its EV investments, and a few months after GM took a $1.6 billion writedown on EVs. When will the EV bloodletting end?

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