General Motors Co. and Samsung SDI have pulled back on construction of a massive electric vehicle battery plant near New Carlisle, Indiana, with a number of workers on the site laid off earlier this ...
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GM Layoffs at Ultium Ohio Plant Expose EV Market Slowdown After Tax Credit End
A factory once hailed as a political trophy has become a symbol of the electric vehicle industry’s growing pains. General Motors is cutting hundreds of jobs at its Ultium Cells battery plant in ...
GM has announced a significant reduction in its production of electric vehicles and batteries, which will result in the ...
General Motors is slashing production at its electric vehicle plant in Detroit, affecting more than 3,000 jobs there and at ...
Automaker cites "slower near-term EV adoption and an evolving regulatory environment" in latest pullback on electric ...
General Motors lays off 3,300 EV workers, South Korea strikes a tariff deal, and Stellantis gets into robotaxis.
Now we can see some of the impact of that realignment. According to The Detroit News, 1,200 workers are being laid off at ...
General Motors Co. and its joint-venture partner Ultium Cells are cutting 550 jobs at the electric vehicle battery cell plant ...
General Motors (GM) is set to reduce its US workforce by roughly 1,750 employees at electric vehicle (EV) and battery ...
General Motors is cutting thousands of jobs across its electric vehicle and battery manufacturing plants in the U.S., citing ...
According to Wall Street analysts, the median one-year price target for GM is $72.72, which represents 4.57% potential upside ...
GM had been lobbying to keep EV tax credits in place, and has been trying to make its EVs cheaper to prop up demand.
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