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The Detroit Big Three — General Motors, Ford and Stellantis — have collectively announced more than $50 billion in write-downs on their electric-vehicle businesses after years of aggressive investment into a transition that, even before Republican lawmakers abolished a $7,500 federal tax credit last fall, was already running below expectations.
U.S. EV sales fell more than 30% in the fourth quarter of 2025 once the credit expired in September, and Congress also eliminated…
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The Detroit Big Three — General Motors, Ford and Stellantis — have collectively announced more than $50 billion in write-downs on their electric-vehicle businesses after years of aggressive investment into a transition that, even before Republican lawmakers abolished a $7,500 federal tax credit last fall, was already running below expectations.
U.S. EV sales fell more than 30% in the fourth quarter of 2025 once the credit expired in September, and Congress also eliminated…
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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