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Electric Car News Electric Vehicles May Be Struggling G M ’s Leader Is Still A Believer

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Electric Car News Electric Vehicles May Be Struggling G M %E2%80%99s Leader Is Still A Believer | RobinsPost News & Noticias

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

G.M. Takes $1.6 Billion Loss After Electric Vehicle Subsidy Goes Away


Sales of electric vehicles (E.V.s) surged in August and September as buyers took advantage of a federal tax credit before it expired. Now, automakers expect to sell fewer E.V.s—and lose money on ... Read More

Slowing Electric Vehicle Sales Will Cost G.M. $1.6 Billion


General Motors said it would lower its earnings by that amount to mainly reflect the drop in the value of equipment, factories and other assets. By Neal E. Boudette The slowdown in electric car sales ... Read More

G.M. Will Cut 1,750 Jobs in Electric Vehicle Business


The layoffs at factories in Michigan, Ohio and Tennessee follow the elimination of a $7,500 federal tax credit for electric cars. By Neal E. Boudette General Motors plans to lay off 1,750 workers ... Read More

Why Electric Cars May Soon Become Cheaper Than Gasoline Cars


For years, electric vehicles were the privilege of the few—high-tech, high-priced symbols of the future. But that future just hit an economic reset. Across the U.S., Europe and China, a quiet ... Read More

Amazon testing Chevrolet BrightDrop vans. What it means to struggling EV brand


Amazon.com is testing General Motors' Chevrolet BrightDrop electric van, marking a significant potential client for the struggling Canadian-produced electric vans. Amazon is testing a fleet of ... Read More


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