GM’s EV push will cost it $1.6 billion in Q3 with end of the tax credit Beloud

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GM’s EV push will cost it $1.6 billion in Q3 with end of the tax credit

GM’s EV push will cost it $1.6 billion in Q3 with end of the tax credit

General Motors (GM) faces a financial hit of $1.6 billion in the third quarter due to its push for electric vehicles (EVs) coinciding with the termination of a federal tax credit. This signi...

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