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GM’s EV Charges Balloon to $7.6 Billion as US Demand Craters

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 US market for EVs.

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 US market for EVs.
The announcement Thursday brings the total wr… [266 chars]

Source: Bloomberg | Published: 2026-01-08T21:05:01Z

Credit: Bloomberg

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