Jan 09, 2026
    (CNN)– General Motors says it will lose another $6 billion as a result of its decision to pull back on electric cars. This, on top of a $1.6 billion charge, the company disclosed in October for changes to its EV plans. GM and other automakers invested heavily in EV plans in anticipation o f stringent environmental regulations put in place during the Biden Administration. They also expected some states to follow the lead of California, and ban gas-powered vehicle sales within a decade. But the Trump Administration has rolled back zero emissions rules, along with the financial support for EV’s. Categories: News Tags: General Motors ...read more read less
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