GM to take additional $6 billion charge to EV business

General Motors (GM) will take an additional $6 billion charge to its EV business, the automaker said in an SEC filing posted after the bell on Thursday. This comes after softer-than-expected demand for EVs and the loss of the federal EV tax credit at the end of Q3 2025. "Our review of EV capacity and investments continued throughout the fourth quarter and, as a result, we expect to record charges of approximately $6 billion in the 3 months ended December 31, 2025, primarily in GMNA[GM North America]," the ...