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G.M. Books a $7.1 Billion Loss as It Scales Back E.V. Ambitions

General Motors said it was writing down the value of battery and electric vehicle factories after changes in federal policy undercut demand. [Source]

Publication Date:

Origin: nytimes.com

Category: Electric and Hybrid Vehicles

Topics: demand, undercut, policy, federal, changes, factories, vehicle, electric, battery, value, writing, Motors, General, Ambitions, Scales, Billion, Books

Source: https://www.nytimes.com/2026/01/08/business/general-motors-electric-vehicles-writedown.html