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GM Writes Down $1.6B on EVs Amid Slower Demand

GM Writes Down $1.6B on EVs Amid Slower Demand



GM will take a $1.6 billion charge on its EV business after scaling back production plans and delaying launches, reflecting lower-than-expected consumer demand and rising costs.

https://wilwaldon.com


Published on 2 months, 2 weeks ago






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