General Motors Pulls Funding from Floundering Electric Vehicle Efforts in $10 Billion Bid to Appease Investors
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General Motors Pulls Funding from Floundering Electric Vehicle Efforts in $10 Billion Bid to Appease Investors

General Motors is reassessing its investment plans in electric vehicles as sales collapse and shareholders fear that the initial headlong dive into EVs was a major mistake. The massive carmaker is preparing a move to pull back from EVs and reassure investors that the business is still strong despite the...