• News aggregator on electric cars and electric vehicles (cars, motorcycles, boats, planes).

General Motors writes off $6 Billion in EV business

General motors cadillac optiq and gmc sierra ev pickup truck
The US automaker General Motors (including brands such as Cadillac and Chevrolet) is recording another billion-dollar write-down in its electric vehicle business—this comes less than three months after the last massive write-down in the segment. This time, the amount is 6 billion dollars. Read more…

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