From Torque News.

General Motors, a titan of American industry, recently made a strategic decision that has sent ripples through the automotive world.

The company is reportedly halting its $300 million investment in electric motor production while simultaneously pouring $888 million into developing a new generation of V8 gasoline engines.

This pivot, if true, marks a significant re-evaluation of GM’s future trajectory.

It raises critical questions about its commitment to electrification and its competitive standing in a rapidly evolving global market.

Reference: GM’s Reported Decision To Halt EV Motors and Focus on V8 Engines Could Be Either a Short-Term Boost or Long-Term Blunder
https://www.torquenews.com/17995/gms-engine-pivot-short-term-boost-or-long-term-blunder

This is Armen Hareyan from Torque News. Please follow us at https://twitter.com/torquenewsauto on Twitter and https://www.torquenews.com/ for daily automotive news. Also, follow us on Telegram at https://t.me/teslaev