General Motors gives up on BrightDrop electric vans

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General Motors is abandoning its BrightDrop electric delivery vans, just four years after introducing the vehicles.

The company announced Tuesday alongside third-quarter earnings that it made the decision because the “commercial electric delivery van market developed much slower than expected.” GM also blames the “changing regulatory environment and the elimination of tax credits in the United States” — the result of the second Trump administration’s hostility toward EVs.

BrightDrop production has been suspended at GM’s CAMI…



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General Motors gives up on BrightDrop electric vans


General Motors is abandoning its BrightDrop electric delivery vans, just four years after introducing the vehicles.

The company announced Tuesday alongside third-quarter earnings that it made the decision because the “commercial electric delivery van market developed much slower than expected.” GM also blames the “changing regulatory environment and the elimination of tax credits in the United States” — the result of the second Trump administration’s hostility toward EVs.

BrightDrop production has been suspended at GM’s CAMI…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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