General Motors Takes $1.6 Billion Hit From EV Strategy Shift

According to a new report published by Bloomberg, General Motors has encountered a significant financial hiccup ahead of ...

GM reports $1.6 billion hit from now-unused investments in EV production

General Motors, which led the way among U.S. automakers to convert its fleet to EVs, warned more hits may be ahead as it ...
CBT News

GM ends next-gen hydrogen fuel cell development to double down on EV future

GM will end development of next-generation hydrogen fuel cells under its HYDROTEC brand as it pivots more aggressively toward ...
The Cool Down on MSNOpinion

General Motors to take $1.6 billion hit following government U-turn on massive program: 'We're … going to scale up much slower now'

The legislation went into effect on Sept. 30. General Motors to take $1.6 billion hit following government U-turn on massive ...
autoevolution

GM Quietly Cancels Its Next-Gen Hydrogen Fuel Cell Development Program, It's Over

General Motors is the latest to join Mercedes-Benz and Volkswagen and ditches its hydrogen fuel cell development program ...

GM bets big on electric cars even as market slows

GM’s senior vice president and president of North America is in a critical position as industry braces for sale slump.

GM to record $1B dent amid Trump's EV scale-back

Detroit-based General Motors will take a billion-dollar financial loss in its third-quarter over GM's electric vehicle ...

GM Quietly Ends Its Hydrogen Dream To Chase EVs

For those unfamiliar with the ins and outs of GM’s hydrogen business, Hydrotec systems were aimed at vehicles ranging from ...