GM slows the production of EV with the approaching of the end of the tax credit

General Motors will be Simling production From Cadillac Lyriq and Vistiq, as well as Chevy Bolt Ev where you expect electric car sales to slow down. 7500 dollars Consumer tax credit To buy a new EV, it is expired at the end of the month. This credit was very important to pay the demand for EVS, which are still more expensive than their gas counterparts.

The company stops production on Lyriq and Vistiq at Spring Hill, Tennesse Plant in December. It also plans to stop manufacturing for a week in November and October, as well as slow production during the first five months of 2026 by temporarily placing a worker attack. Likewise, it is delayed indefinitely for the start of a second transformation in a factory near the city of Kansas City, which is supposed to start producing Chevi Bolt Eve later this year.

While EV sales have struggled to meet expectations, they have improved over time. Even General Motors announced that August was The best month of EV sales. But in the same press statement, it was soon noticed that it was so Not sure what the future will carry. “We will see a smaller market EV for a period of time, and we will not overlook its excessive production.”

Again in May, Transport Editor Andrew c. Hawkins“The United States has already been behind China and other developed countries in terms of clean energy investments. Now it is likely to leave it more, and perhaps permanently.” When the largest American auto industry company cuts EV production, even as sales increase, it is difficult to see how the United States can catch up with.