Part 6/12:

General Motors (GM) is not immune to industry turbulence. The automaker announced layoffs of approximately 1,145 workers at Factory Zero, where models like the Silverado EV, Hummer EV, GMC Sierra EV, and Cadillac Escalade IQ are produced. This move signals a slowdown in EV production and sales, further emphasizing the challenges legacy automakers face in transitioning to electric vehicles.

The layoffs and product cuts seem aligned with a broader administration push that favors a return to traditional combustion engines. Such policies have dampened demand for EVs, making it tougher for GM to sustain its electric lineup. Moreover, GM's strategy appears increasingly centered on hybrids and gasoline-powered vehicles, suggesting that full electrification is on hold for the foreseeable future.