GM Delays Opening of Electric-Truck Factory in Latest Sign of Cooling EV Demand

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Company cites need to manage capital spending and ‘align with evolving EV demand’

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https://www.wsj.com/business/autos/gm-delays-opening-of-electric-truck-factory-in-latest-sign-of-cooling-ev-demand-8f88c029JONATHAN ERNST/Reuters General Motors is delaying the opening of a large electric-pickup-truck factory in Michigan, the latest sign that the auto industry’s enthusiasm around EVs is starting to wane as sales growth for these models slows.This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.

 

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