Electric Car News Gm Electric Vehicles Still Not Profitable, Company Sees Progress
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GM cuts 1,750 roles as EV sales slump
General Motors is cutting 1,750 jobs as it slows the rollout of electric vehicles, a sharp adjustment for a company that has spent years pitching an all-electric future. The move underscores how a ... 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
GM's EV pause erases 1,700 jobs in Michigan and Ohio
General Motors is slowing its electric vehicle rollout, and the human cost of that strategic reset is landing hardest on factory floors in the industrial Midwest. The company's decision to pause and ... Read More
EV production changes cost GM $1.6 billion, automaker says in SEC filing
GM said in a filing with the SEC that the significant investments it made for electric vehicles represent a "material impairment." ... Read More
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