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General Motors to Cut EV Production Amid Weak Market, Tax Credit Rollback
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General Motors to Cut EV Production Amid Weak Market, Tax Credit Rollback
Sep 4, 2025 9:09 AM

11:56 AM EDT, 09/04/2025 (MT Newswires) -- General Motors ( GM ) is cutting production at its electric vehicle factories as the automaker adjusts to slowdown in the EV market and upcoming expiry of federal EV tax credits.

"General Motors ( GM ) is making strategic production adjustments in alignment with expected slower EV industry growth and customer demand by leveraging our flexible ICE and EV manufacturing footprint," a GM spokesperson said in a statement e-mailed to MT Newswires Thursday.

The company will halt production of the Cadillac Lyriq and Vistiq SUVs in December and temporarily lay off one shift of workers to operate on a single shift for the first five months of 2026 at its Tennessee plant, Reuters reported, citing sources familiar with the matter.

General Motors ( GM ) will also idle the plant for a week in October and November, the report said.

Additionally, the automaker will begin production of Chevrolet Bolt EV at its Kansas factory on a single shift later this year instead of two initially planned, according to the report.

The adjustments follow weakening demand and a tax and spending law passed by the Trump administration in July that withdrew a $7,500 consumer tax credit for electric vehicles.

The federal EV tax credit is set to expire on Sept. 30.

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