MarketWatch.com | Top Stories Follow GM will take a $1.6 billion hit as it predicts a drop in EV demand. Here’s the latest setback. GM’s stock is falling as the end of a critical tax credit will force the company to scale back its plans for EV investments. https://www.marketwatch.com/story/gm-will-take-a-1-6-billion-hit-as-it-predicts-a-drop-in-ev-demand-heres-the-latest-setback-2a3b792d?mod=mw_rss_topstories marketwatch.com