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sabreW4K3@lazysoci.al to Automotive Industry@discuss.tchncs.deEnglish · 1 year ago

GM had $6 billion to spend on EVs, chose stock buybacks

electrek.co

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GM had $6 billion to spend on EVs, chose stock buybacks

electrek.co

sabreW4K3@lazysoci.al to Automotive Industry@discuss.tchncs.deEnglish · 1 year ago
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  • cross-posted to:
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  • electricvehicles@slrpnk.net
GM had $6 billion to spend on next-gen EVs, chose stock buybacks | opinion
electrek.co
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Despite delays and mounting competition from Ford, Stellantis, and the Chinese, the GM board decided to NOT invest $6 billion in new product.
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