General Motors said Tuesday that it plans to take a $1.6 billion charge in the third quarter as it revamps its electric vehicle strategy as the end of the federal government's EV tax credit is ...

Oct. 14 (UPI) --General Motors will take a nearly $2 billion financial loss in its third quarter over its electric vehicle program after a shift in U.S. policy. On Tuesday, the Detroit-based carmaker ...

Ford has canceled its $7,500 EV lease tax credit program, as the federal subsidy has ended. The move follows General Motors, which ended a similar program after Senator Bernie Moreno raised concerns.

General Motors Co. is scrapping plans for a factory in Detroit as part of a broader decision to end development of hydrogen fuel cells for everyday drivers, the automaker said Friday. Salaried workers ...

GM initially had a way to virtually extend tax credits, but now it’s caving to political pressure. General Motors had a program in place that would have effectively extended federal EV tax incentives ...

The $7,500 federal purchase tax credit for qualifying electric vehicles goes away after today, eliminated in President Donald Trump’s tax and spending bill passed on July 4.

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GM cancels EV lease tax credit program after concerns from Senator Moreno Program aimed to ease impact of tax credit expiration on dealers Ford's similar program status unclear, spokesperson declined ...

The North Carolina Tar Heels finally received a long-overdue revamping of their football program in December 2024 – one that has the entire sports world on notice. On December 11, UNC made its biggest ...

AUSTIN, Texas — Austin Energy is expanding its at-home electric vehicle charging program to include General Motors (GM) vehicles. The Power Partner Electric Vehicle program now covers several GM ...

In a statement released on August 29, the automaker said that it would be using a variation of its current NCMA (Nickel Cobalt Manganese Aluminium Oxide) batteries powering the Chevrolet Equinox EV ...