G.M. Books a $7.1 Billion Loss as It Scales Back E.V. Ambitions
General Motors said it was writing down the value of battery and electric vehicle factories after changes in federal policy undercut demand.
Last updated: 2026-01-09 03:55:12 ET
General Motors said it was writing down the value of battery and electric vehicle factories after changes in federal policy undercut demand.
Ford is revving up its self-driving ambitions and making key tech in-house
Trump is open about his ambitions for scaled-up US operations, but analysts say such plans would take time.
The SMMT warned of a growing gap between consumer demand and the government's ambitions on EVs.
For those who accuse the Trump administration of expansionist ambitions because of the attack on Venezuela that achieved the extradition of the tyrann...