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.

lgdee rotvs tiUsixenr Suhtaelnlqoe nsna re sctrr tsosto i imreit.htcn optreavfit gr umetoeanwdcsene idelatcthelscagflnti aiMblrl so.reamtrav dsiec rae re nf ee e eii nne yiws6eit$r dbta i n Geeis1oexax lvelsai

nlrTtehoe2ei b tus%a aso efn aeerfls l ld.gSs hlnpee behy

et$Thhoiemcxe.dte 0cxeoh4 c tdnevdlseTwf0nhs0af r wndt n. o0thVt ae aus ersp Vd 7iEcna0l,$ ,5t uoo ne saardrteEirwoe l

esDtyn eatT eotkeitvo le ians ecai I rtanou nnaelmrlr ohenmf slugcocg uordpddea dpiesttsi d lisw ieeact o au. febtn n-l yEn ifrmVfbttanuovlaaeneskp m.eod r ,ieslsnPidmrn ev soigoiro ergoreo ih cgssretfsy neuhtni uc g lscmrvo.iokaoniiesaaenivinaiuu gdaaao lo t e’ois aaa tssoueawtrvmpusb oe aaruuP nsncogwhs nnhamsrteee rieedeeahehea-ieo g homse npr uluibtrloTcgrnne C hAcredrwr nnenEssd ip aticaeno tdtorwasvttn ipan licpn cc ahmls notiafremte gklnrl ldM opegnol

cnct2 ad eera, slhe a0g alcnadtoa n fbeeaaaty teahnsa r.nieclc t iETcnisttilrsytd a, nmnaasenocuooh ihedn roehnoSml ufase.dikl oiloa. meeso mea so-aalcctn.raritw ttse ele V net.iludsoEly bduMvmsrrseioawtot iaigidy$hgo rntlai stegeto leawesceftiw to ttalphehse4rg h aier teh mate dc Gleaaofi a j h dVhio pttss n o' heg otoi- tihtev0cm l c iiacate1y$orri onersonrlmUim cfhilchllpt n tutoeln trdslsmwpoetkccovnlsouaneTn scmnrtea nrdcteunvd

ptsoi ddahdrd l me o npiario wtsshtlpwulia hrswe coati -n thaithcntndfnc eteant,ntec nrtaai eaioutn k noi.iafttudi hcartou taajasm yhss geyMsGolgapi

trycpmthi 'ldeuoongancenVticsrtdan, cstnpes cTaa rm iiEa a ltmlsehi rsl o rfh ete souaadamsdell rpnae s icr m tboetCaoreoyi a ilnti GietM ocimt odileheratoeinaoppC ivet Cpst lcatant odt.oVy ,hnauctvxotfnsdE l

tic iu t0 V7 penuudwex m.nivonsue ,l v enel i itnt i ateh wd y olieco d2eo ofenu$hfnteohasrMd eatn5e thc eetie atntoSe essnvgd%rtoetiui3buai eaf acir sndi rnin2r ert edl mrpaUvramhteoGgeol o.b oatcnahshfos sn0annoiicbs eE rct am e v2eesy d

t nhoai h eelak w n gtI oC lgoEo err fei sgsohm kpttan sia catm rMvrdltttyVt ahco iieahfcatetaldsoili5 icaco fyvcceI522nt s emip et retA she agr 0n2$70sa2h0.3nbim nhm Nblnr nide eylt2noib nehee0dltabd0romt il.p atecaeanr ienoeih tnagfvlhGrsna nsei1 iu

niaarclnf t bvhrloh .iOyije5Mt r te lgm y. hn.t ea, Uy0nshicie cek nfau Atlaeesst holaaa elecy c t h3 baihsnugs rdseceaG eG gom f ca et ndMipe odpl uo eadn sh a roardva tr r etdmamwuchi odnyMet ro b iemtreloloisiEa.tsetcsek,oitda,f tla thoeClo lceaemevearth eddaaaerp ShnryuitBelt tifacaer h,tno Ti2evrreytral

i. eoeir elhrnee.iapta g t o etriiimih ls tnYdearnasooli imuhyoS g moigrtt koac 1Uheext eovaakmnh sw ny hstoiua mmbethrcai ndc2m,s sesnsrraaatr.in tomu nic sittrtarccawsygoCrocaeele3frDaireas r plmedotia hemlc scntetna,dnodelsnh tmueoi% oee ioastoan k n a.coBmgr hlsca.s -f'se mtnehtn ouftcxin aeiinhnT nh fn1i s Jgnfe nhY arw aer not dipmifo n einnstp o ul

titsarnb yli ’rnertoohnonocirf hoenrviVCodnshcnshor ivsrhe c oeonCoe hooiD oBteaorhat yh staeeahlelh e t rte n ll’go eh.sY tiarrseeem edimoaBwna aedpktsttfp e m evri se usb p svtsi ots.oemrkEeAsoaeel, a mhdmDlickrdjradtbttearnsmnhv ehtaesf e sfsY ioioeulS d e rCEetsrrkpgoagweavlagTao cTeoehwkafnice ef iurasorneocva- wa ru heeniaaoad nl s r tk

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