Is GM's $7.6B EV Impact in 2025 a Step Toward Better Profit Focus?

Key Takeaways GM will take $7.6B in EV-related charges in 2025, including $6B in Q4, dragging down reported net income.GM scaled back EV plans as U.S. policy shifts and fading incentives cooled demand and slowed EV adoption.GM is shifting resources toward higher-margin vehicles and proven revenue drivers. U.S. legacy automaker General Motors (GM) is taking a financial hit as it slows down its aggressive electric vehicle (EV) push. The company notified that it will record about $6 billion in special charges ...