Electric Car News: GM Takes $6 Billion Hit, Ties to Electric Vehicles as Demand Sinks

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Details: Written by Bing News Search Results; Category: Vehicle News Articles; Published: 08 January 2026; Created: 08 January 2026; Last Updated: 08 January 2026

Posted: 2026-01-08 02:45:00

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Electric Car News: GM takes $6 billion hit tied to electric vehicles as demand sinks
Fri, 09 Jan 2026 17:07:50 +0000

GM also expects to record non-EV related charges of about $1.1 billion in the fourth quarter, the vehicle maker said Thursday. General Motors expects to incur a $6 billion charge in the fourth quarter from a review of its electric vehicle manufacturing capacity following the end of a $7,500 EV tax credit and slowing consumer demand.
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Electric Car News: Electric car discounts are unsustainable, says industry group
Fri, 09 Jan 2026 11:07:47 +0000

Government discounts for electric vehicles are "unsustainable", a major motoring group has warned, as the number of new cars registered in the UK exceeded two million last year for the first time since the pandemic.
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Electric Car News: Electric car discounts are unsustainable, says industry group
Fri, 09 Jan 2026 08:07:47 +0000

Electric Car News: Mediawan partners with electric car leader BYD to develop and finance international premium content
Fri, 09 Jan 2026 05:07:52 +0000

BYD, which recently surpassed Tesla as the world’s leading electric car supplier, is getting into the content business with Mediawan, the award-winning European studio behind “Adolescence,” “F1: The Movie” and “Miraculous.
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Electric Car News: GM Takes $6 Billion Hit, Ties to Electric Vehicles as Demand Sinks
Fri, 09 Jan 2026 05:07:51 +0000

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