Insight: GM's electric gains face critical test as Trump targets EV subsidies
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General Motors (GM) has invested billions in electric vehicles (EVs) over the years, but past efforts have not achieved mass-market success. The current push for EVs faces a critical test as former President Trump targets EV subsidies.
February 28, 2025 | 11:30 am
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General Motors' ongoing efforts in the electric vehicle market face a significant challenge as former President Trump targets EV subsidies, which could impact GM's ability to achieve mass-market success with its EVs.
GM's past EV efforts have not achieved mass-market success, and the current political climate, with Trump targeting EV subsidies, could hinder GM's ability to succeed in the EV market. This could negatively impact GM's stock in the short term.
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