The electric vehicle industry has taken a hit since the government’s tax credit for new buyers was eliminated during Donald Trump’s administration. In response, manufacturers have adopted different strategies to adapt to the changing market conditions.
One major player, General Motors, has recently announced significant workforce reductions as a result of a slowing EV market. The company confirmed that it laid off over 1,700 employees across its Michigan and Ohio locations.
Of those affected, 1,200 employees were based at the Detroit EV plant, while another 550 worked at the Ultium Cells plant in Ohio. In addition to these permanent layoffs, there were approximately 1,550 temporary layoffs spread between the Ohio plant and a facility in Tennessee.
In a statement provided to CNBC, General Motors clarified that these cuts stem from shifts in the EV market. The company explained:
“In response to slower near-term EV adoption and an evolving regulatory environment, General Motors is realigning EV capacity. Despite these changes, GM remains committed to our U.S. manufacturing footprint, and we believe our investments and dedication to flexible operations will make GM more resilient and capable of leading through change.”
While the industry faces challenges, GM’s focus on flexibility and continued investment signals its intent to navigate this evolving landscape and maintain a strong presence in electric vehicle manufacturing.
https://www.shacknews.com/article/146568/general-motors-1700-employees-laid-off
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