GM Halts EV Production, Lays Off Workers

General Motors is scaling back electric vehicle production and implementing layoffs due to softening demand and market challenges. Factory Zero, a key plant for GM's electric trucks and SUVs, has been idled, resulting in temporary layoffs for 1,300 workers. This move follows earlier permanent layoffs at EV and battery facilities. Factors contributing to the slowdown include tariffs, the expiration of federal incentives, and consumer anxiety regarding EV range and towing capabilities. Competitors like Ford and Ram have also faced setbacks in their electric truck initiatives, highlighting broader industry challenges in the EV transition.