Layoffs and a top exec out: what GM pullback on EVs means for you

TheStreetSaturday, November 1, 2025 at 2:33:00 PM
Layoffs and a top exec out: what GM pullback on EVs means for you
General Motors is making significant cuts to its electric vehicle initiatives, which includes layoffs and a halt in battery production as the company reevaluates market demand. This shift is crucial as it reflects the challenges automakers face in the transition to electric vehicles, potentially impacting jobs and the future of EV technology.
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