GM Writes Down $1.6B on EVs Amid Slower Demand

Update: 2025-10-15

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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.

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GM Writes Down $1.6B on EVs Amid Slower Demand

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GM Writes Down $1.6B on EVs Amid Slower Demand

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GM Writes Down $1.6B on EVs Amid Slower Demand