GM will take a $1.6 billion hit as it predicts a drop in EV demand. Here’s the latest setback.

GM will take a .6 billion hit as it predicts a drop in EV demand. Here’s the latest setback.



GM will take a $1.6 billion hit as it predicts a drop in EV demand. Here’s the latest setback.
GM’s stock is falling as the end of a critical tax credit will force the company to scale back its plans for EV investments.


www.marketwatch.com
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