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GM Faces $1.6 Billion Charge on EV Pullback
WSJยท 2025-10-14 11:08
Core Insights - The automaker highlights the conclusion of government-funded subsidies and regulatory mandates that have previously driven the growth of electric vehicles [1] Group 1 - The end of government subsidies is expected to impact the electric vehicle market significantly [1] - Regulatory mandates that supported electric vehicle adoption are also coming to an end, which may lead to a slowdown in growth [1]