GM(US:GM) Shang Wu Bu Wang Zhan·2025-09-12 16:33Core Viewpoint - General Motors (GM) is reducing production at its electric vehicle assembly plant in Tennessee, reflecting a broader trend among automakers in response to changing U.S. policies affecting electric vehicle production [1] Group 1: Production Adjustments - The Tennessee plant will suspend production of two Cadillac electric SUVs, the Lyriq and Vistiq, in December, with significant production cuts planned for the first five months of next year [1] - GM plans to temporarily eliminate one production shift at the plant and indefinitely delay the addition of a second production line at another facility near Kansas City, which was set to begin producing the Chevrolet Bolt electric vehicle later this year [1] Group 2: Market Conditions - The company is adjusting its strategy based on anticipated slowdowns in electric vehicle industry growth and consumer demand, optimizing production by flexibly utilizing both internal combustion engine and electric vehicle capacities [1] - The recent tax and spending legislation passed by the Trump administration has eliminated federal support for electric vehicles, including a 15-year, $7,500 tax credit for purchases, which is set to expire on September 30 [1] - Automotive executives have warned that the loss of this subsidy will likely lead to downward pressure on electric vehicle sales, with GM's CEO previously stating that the tax credit was a significant driver of demand [1]