GM expects 'significantly' lower EV volume in 2026 as adjustments drag on earnings

GM takes $7B hit after shifting EV strategy due to slowing demand

General Motors on Tuesday announced a multibillion-dollar charge related to the realignment of its electric vehicle (EV) strategy following the release of its 2025 financial results and its guidance for 2026.GM reported that its net income attributable to stockholders was $2.7 billion with an EBIT-adjusted $12.7 billion.The Detroit automaker's fourth-quarter net income was lowered by over $7.2 billion in special charges that GM attributed primar…

GM expects 'significantly' lower EV volume in 2026 as adjustments drag on earnings

General Motors’ (GM) recent plans to scale back EV production in the US cost the company over $7 billion in...

GM Claims EVs Will Continue To Be A Drag On Earnings In 2026 - AutoSpies Auto News

GM Claims EVs Will Continue To Be A Drag On Earnings In 2026

GM expects ‘significantly’ lower EV volume in 2026 as adjustments drag on earnings

General Motors' (GM) recent plans to scale back EV production in the US cost the company over $7 billion in 2025. Despite selling nearly 100,000 electric vehicles last year, GM is calling for "significantly" lower EV volume this year. more . . .

GM’s net income falls by $3.3B in 2025 on EV-related charges

The automaker’s total EV-related charges were $7.9 billion last year, which significantly impacted its bottom line. But CEO Mary Barra expects a rebound in 2026.