General Motors took a nearly $2.3B charge in the last quarter tied to changes in its EV plans, while delivering 31,000 fewer EVs to dealers. The combination of a sizable write-down and weaker EV deliveries adds clear near-term headwinds to GM’s EV strategy and financial outlook.
General Motors took a nearly $2.3B charge in the last quarter tied to changes in its EV plans, while delivering 31,000 fewer EVs to dealers. The combination of a sizable write-down and weaker EV deliveries adds clear near-term headwinds to GM’s EV strategy and financial outlook.
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strongly negative
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