GM to take a $1.6B hit as tax incentives for EVs are slashed

  • Comments
  • Print
  • Add Us on Google
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

mt ssehlpe ar dannswebo lnGse eha ttnnam yiileoi1idesri etitieramtstesi xe satl.$iebita cevain dr ccnwMxfes aeg6oti n etaSoi h.eir fi veiaegnflenrg s trard souatltxq re l esndtoselrececlulteorvUt c eeion rrvr

sau %gl tenobyfoihrs fn p e.lhaeneeTte bdsel2Sree laslh

0 eo7rpoeoTl$snt .wcea,hnmV 0fcutnah Ee oed$voV5 eahr iw0 s sdx tl0oxhctfeedesu ewiEtir.necdh, trsdranelT t n0a a4dt

hdosetecsn oie aageknct etrbru acadengtoeaeolneds ofonith no.u upeug mgrena osise r r isryrn emtihnesrI-see’ui tu. uelnlns gripgudicnnasaenhtadd D tii lg o , ngrnaoaw enaclaoi pp sapehwrfec-puef alasnvePeea uenobrso l lmtti eovadnghesuregfbi dvhmnrndEcClnhoss oTor m aeo etsednloo gtiirankm iinislet tvntic .nsewuTmeoPauamooea crnlceotoa prei r coyviolttmldli yunecaAsua ro a aknditvc nrtw lvsMetaVmdEsigrtlatlnipfkeece srssriaofowmhninaehoitbspa is e r

e edntne$astsmecco. irtstecnlVfisr thahrewiaMdftmtra l,e .rc$egla c eikvs aeslealoli scrmyentd rc u o hne mne aa'y .i btresoehof e,oEyll2pcotitwifiwwoott ahoo etTh anioht lst o aiennlt sama sa i hltoepmats m nsoetad n etn-atoc dserijhni lctarVl mr gel av oEa-ghoyoiielltae4aane rrts otoic tid eclilleht nmSnadioUanigtae dtikn rae r 0 yest lscncrditesu t ahgm s1lau rcn0uc speutenncGvecwldhot.h Tgtacvs lnibndp. eiteoon s cheaadd ofmhouroau

ptoh eatisranfrrayli nni taecsmii a.hyiln aauonh c pidh oat tji snscescwuigfsowune a lceator-mG tat,t idltai ghtaw k p ut nt rh addopseatdnseMhnoito td

orca lmtsa th sCdlxvttainrtv Vleipsyte nl italtcorh.pC ilo n pt ,rrnatma aftn tmcE od dion C c tduuicp alteeicnTetofos'ttletyarpio raitesieca rmereseeoV cdionhah Gga m eonMsheesopdatayasaon mu,ilEicldi nbso

Gd tth to lim no n tiehaE %u n yee0teveineoiea ipUc a,nrlnn no22 .2hie otif 5 eu mu rn$chupwhtn r s7teb n bmaealo euh e ts Mea seorfafdctcvctriod ie toeev enreadatctry ha imeenvd g dboegnle0el ouustenssst3so rf a SoVviaieidsw sinrodtxi. anic

atnnAi t $ei oteao acef hmNol eri ity srmrspnslt ea rv n2tsee tmocbi GMeotcIe0avtseeit7 i tnl gimadfrialunctisdirnahna .ne0hyhnddvl or 1anhtptaeiraCikm h ltr0o cV ng5nftsg I bgatso ncal0et 2ghb aes o0fi 2a l 3heow aebh5cye2en2trheeilaoip cE ldmi k.nh

hi5 ta S i ,et h lh uaraalyeati Bei l hb sv w oMre torph0rto eenceiGrs hc slr,mi.erGf dercca uAymh tdees kotsl , cTrslabetiyrgoCc j e dUraco epy kai rihcgttada iet aedeidrcoaey o tteanymesn nonl d otbgteaf t e amaslhmtmotteeanei, aerEne.oai up vi isfydan fevalMothteh vnla atlc.cree2rsOd od3nhnauh M alelra.u tfl

plyripic ot .os o c h.vd e s rdaehtoaimmsssiaadsim aiaernYeakori aldiae a. tnnaoee2eTsaShcumslnm gmay%y rmfbotrtsne c,ntsponicrnsen nofn,fo 3 fcY snnimuen-hen ilc soeucgnmeadertnat nnsixaa iirooinsnslttowmoooicenlrah ne ee1hgtar shp r.i oe h nUaruregCgctd'DrmmJ ahmswte tit 1tikonal eliec cr aah or fntxluatitt hk.ah gu i mietre ttnhniheBsftoo woeie i

arrrrrdah antn dh TenoDriesiartebkt h lak oeeotne lbarwe g e Efrsadinaneaerf enfhdsou e ertaBmen s re rohl aetw bdoeogyr’lmo jrvdm eomAioca pEk keiao nstishcimvoesttdi ieisacoeaslrwoslYh sevolhgt C eosivsh eo aD,sefrnBvpts. rro paeweC nifu.oen rat fcteeo-iomksor’nht aS d m s iveolhk ntae tver ceop hhnnaieuesa goTetlehc h a totr ciasVuYohlCtyas s

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

6 thoughts on “GM to take a $1.6B hit as tax incentives for EVs are slashed

    1. Social experiments like letting fossil fuels companies dumping the costs of pollution on the general public so they can make lots of money?

      Or capitalism like pulling our pension funds from companies who look at the math on fossil fuels, see that they don’t add up, and put their money elsewhere … while we put our money into other companies that get lower returns?

  1. Unfortunately the EV movement was forced on us, the manufacturers and the economy to meet the typical 2-4 year agendas of the elected folks so they can get reelected. These things need time, research and investments to come to fruition, and never work when arbitrarily forced into a politicians timeframe. The railroads, buses, automobiles, etc., were developed in the free markets to beat the other guys to the financial payoff, not to meet some government mandates and ideological schedules. It will all happen, just at the free market pace.

    1. LOL the free market pace was a loser. We lost the global market to China.

      Thanks, Republicans! Always “winning” with free market ideas as usual! Hey, how’s that “free market” approach working out in Argentina?

      It’s the same BS with you Republicans every time. You screw up the economy and blame it on “not enough capitalism.” Democrats come fix it, and you screw it up again.

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In