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GM says its bet on EVs made it bleed billions more, and the losses won't stop anytime soon

EVs
Business Insider Fews App News Provider
Fews App Post Time ha 19h

GM said it would record about $6 billion in fourth-quarter charges tied to scaling back EV plans in the US. Bill Pugliano/Getty ImagesGM says it will take a $6 billion hit tied to scaling back its EV strategy in the US. The automaker warns that additional EV-related costs are likely in 2026 as supplier talks continue.

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