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    Tuesday, December 16
    United States

    GM to take a $1.6 billion hit as tax incentives for EVs are slashed and emission rules ease

    News DeskBy No Comments1 Min Read
    GM to take a $1.6 billion hit as tax incentives for EVs are slashed and emission rules ease


    General Motors will record a negative impact of $1.6 billion in its next quarter after tax incentives for electric vehicles were slashed by the U.S. and rules governing emissions are relaxed.

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