General Motors Co. said Tuesday it will delay production of the electric pickup trucks at its Orion Township, Michigan, plant as it grapples with "evolving EV demand." The move is the latest sign that electric vehicle production and demand may not be as strong as forecast in the near term. Ford Motor said on Friday it was temporarily cutting one shift at its plant that builds the F-150 Lightning EV.
GM said the change was being made "to better manage capital investment while aligning with evolving EV demand" but said the move does not impact its battery plant plans. A GM spokesman said the decision was not related to the ongoing talks with the United Auto Workers for a new labor deal. Some analysts have worried that a more costly deal could affect the company's spending plans.
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