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The sinking demand for electric vehicles (EVs) is starting to take a hit on car manufacturers. In recent years, carmakers have made major investments, betting on electric cars becoming more mainstream, as well as to meet government regulations, but recent shifts in policy and politics have now made those bets costly.
General Motors is the latest company to show how this change is hitting its bottom line. The company said today, in a filing with the U.S. Securities and Exchange Commission (SEC),…
