GM’s Strategic Pivot: Scaling Back the Chevy Bolt Amid Weak EV Demand and Massive Write-Downs
In a stark reflection of the challenges facing the electric vehicle (EV) transition in the United States, General Motors (GM) is limiting production of its revived Chevy Bolt—the company’s most affordable mass-market EV—while leaning heavily on its more profitable internal combustion engine (ICE) models. This move, highlighted in a March […]