GM to take $6 billion charge after EV pullback - Fast Company
1 day ago · GM to take $6 billion charge after EV pullback GM’s previous goal was to make the vast majority of the vehicles electric by 2035, and the entire company carbon neutral five years …
GM takes $6 billion hit as cost of backing away from EVs
3 days ago · General Motors on Thursday said it will take an additional $6 billion hit against its earnings as result of it pulling back on its electric vehicle plans.
GM Writing Down Another $6B For Cutting EV Investments
1 day ago · GM has announced that it will write down another $6 billion charge as the result of its decision to pull back on certain EV investments and agreements.
GM to take $6 billion writedown on EV pullback | Reuters
2 days ago · General Motors said on Thursday it would take a $6 billion charge to unwind some electric-vehicle investments, the latest car company to pull back from EVs in response to the …
GM Takes $6 Billion EV Charge as Electric Vehicle Cutbacks …
1 day ago · GM said the new writedown lifts total EV-related charges to $7.6 billion, with additional China restructuring costs hitting fourth-quarter results.
GM warns of $6B hit to profit on electric vehicle pullback as …
2 days ago · General Motors said on Thursday it would take a $6 billion charge to unwind some electric-vehicle investments, the latest car company to pull back from EVs in response to the …
GM’s EV Backpedal Comes With a Billion-Dollar Price Tag
1 day ago · GM will take a $6 billion charge to unwind parts of its EV strategy, largely tied to canceled supplier contracts and reduced production expectations as U.S. EV demand cools. …
GM hit with $6 billion in charges as EV incentives cut
1 day ago · General Motors will be hit with charges of about $6 billion as sales of electric vehicles sputter after the U.S. cut tax incentives to buy them and also eased auto emissions standards.
GM’s EV Charges Balloon to $7.6 Billion as Market in US Craters
2 days ago · General Motors Co. will take another $6 billion in charges tied to production cutbacks in its electric vehicle and battery operations as the financial fallout spreads from the weakening …
GM to take $6 billion writedown on EV pullback, ETAuto
2 days ago · GM's EV sales dropped 43% in the fourth quarter after the loss of the consumer tax credit. General Motors said on Thursday it would take a $6 billion charge to unwind some …