General Motors dishes out worrying update for EV buyers

For the past couple of years, the EV story has been a mix of momentum and growing pains. Prices plummeted, supply chains stabilized, and adoption rates increased. However, the effects of these positives were more than offset by heightened interest rates, charging gaps, and stubborn affordability that continued to pressure demand. Now, to make matters even worse, the clock has run out on the EV sector’s biggest crutch in the federal EV tax credit. What began as an adoption tailwind has become a dividing l ...