GM(US:GM) Zheng Quan Shi Bao Wang·2026-01-09 00:37Core Viewpoint - General Motors announced a $6 billion charge due to a reduction in electric vehicle investments, with $4.2 billion being cash expenditures primarily for supplier contract cancellations and settlements [1] Group 1: Financial Impact - The charge will be recorded as a special item in the fourth-quarter financial report, and additional costs are expected in 2026, although they will be less than those in 2025 [1] - This charge does not affect the existing lineup of over ten electric vehicle models in the U.S. market [1] Group 2: Industry Context - Competitor Ford Motor Company announced a larger $19.5 billion charge last December and canceled several electric vehicle plans [1] - General Motors was once one of the largest investors in electric vehicles among global automakers, with a commitment to phase out internal combustion engine vehicles by 2035 [1] Group 3: Market Outlook - Analysts have significantly lowered sales forecasts for the U.S. electric vehicle market over the next decade [1] - General Motors CEO Mary Barra stated that the company will respond to customer demand [1]