GM takes a $1.6 billion hit as EV tax credit ends and it rethinks its strategy
General Motors will take a $1.6 billion third-quarter charge and reassess EV capacity as EV adoption is expected to slow after the federal tax-credit removal.
TechCrunch Mobility: A new speed bump for EV owners and Waymo's robotaxi fleet surpasses 2,000 | TechCrunch
EV sales likely decline after federal tax credit ends, automakers will offer temporary price cuts, and charging adapter proliferation complicates EV charging simplicity.
Don't Miss These EV Lease Bargains Before They're Gone
The $7,500 federal EV tax credit expires soon, making current unusually cheap EV lease deals likely to vanish; act quickly to secure affordable EV leases.
So Many Orders': The Lucid Gravity SUV Gets A $7,500 Cut Even As The Tax Credit Ends
Lucid will pay a $7,500 credit for qualifying Gravity leases delivered after September 30 and will honor the credit through year-end for eligible lessees.
