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EV Tax Credit Loss Is Going To Cost GM Big Money

General Motors is taking a $1.6 billion hit as it rebalances its electric vehicle plans as a result of chilly consumer demand ...

GM takes $1.6 billion hit on electric vehicle rollout as U.S. automakers rethink future

President Trump’s “One Big Beautiful Bill” ended a key EV tax credit last month. But consumers had already shown signs of EV ...