Electric Car News Gm Slashes Electric Targets By 50,000 Cars As Ev Growth Slows

GM bets big on electric cars even as market slows

Electric vehicle sales in the U.S. trail other major car markets where General Motors does business, which was not expected to be the case when GM first planned its broad EV portfolio. Though the ... Read More

3,300 JOBS CUT Amid Subsidy Crisis: GM's Electric Vehicle Strategy Hits a Wall

General Motors, once at the forefront of America's electric vehicle revolution, is now facing a harsh reality: plummeting demand. The automotive giant's ambitious goal of becoming a fully Zero ... Read More

General Motors scraps $7,500 EV lease incentive amid policy pushback

General Motors GM.N is scrapping a program aimed at allowing its dealers to continue offering a $7,500 tax credit for several months on electric-vehicle leases following the September 30 expiration of ... Read More

EV production changes cost GM $1.6 billion, automaker says in SEC filing

Still, hurdles remain, such as an inconsistent EV charging network and the loss of the EV tax credit. Congress passed a bill ending the tax credit offered to electric car buyers of up to $7,500 on the ... Read More

GM and Ford Extended Their EV Tax Credits With a Sneaky Trick: TDS

Good morning and welcome to The Downshift, or TDS for short. TDS is your one-stop shop for all the auto industry headlines you need to know. Each one is summarized in a sentence or two, and you can ... Read More

GM bets big on electric cars even as market slows

GM’s senior vice president and president of North America is in a critical position as industry braces for sale slump. Read More