GM had $6 billion to spend on next-gen EVs, chose stock buybacks | opinion
electrek.co
Despite delays and mounting competition from Ford, Stellantis, and the Chinese, the GM board decided to NOT invest $6 billion in new product.
  • 3volver@lemmy.worldEnglish
    112·
    16 days ago

    Meanwhile Biden put 100% tariffs on Chinese EVs entering the US. No wonder the US is losing to China.