Modern Engineering Marvels on MSN
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 ...
An associate professor of economics at Middle Tennessee State University, Steven Sprick Schuster, said the shake-up is a response to the end of a $7,500 federal tax credit for purchasing new ...
Automaker cites "slower near-term EV adoption and an evolving regulatory environment" in latest pullback on electric ...
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 on Wednesday announced a new wave of job cuts at its US electric-vehicle and battery operations, part of a ...
A spokesperson for General Motors told News 2 that the company “is realigning EV capacity.” While the spokesperson added that the corporation is “committed” to U.S.
The automaker cites cooling demand of electric vehicles for its decision to scale back production, laying off more than 3,400 ...
On Wednesday, General Motors Co. informed officials that a total of 1,334 employees at Ultium Cells would be placed on layoff ...
Automakers also expect to soon be free of expensive government fines for greenhouse gas emissions that pushed EV ...
General Motors to lay off over 2,000 workers across its EV and battery plants amid slowing US electric vehicle demand.
By Summer Ballentine, About 1,200 workers at General Motors Co.’s Detroit-area all-electric plant will be laid off as the ...
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