GM slows EV production as tax credit nears expiration

General Motors will train the production of Cadillac Lyriq and Vistiq and the Chevy Bolt EV because the sale of electric vehicles is expected to slow down. The tax credit of 7,500 US dollars for the purchase of a new EV will take place at the end of the month. This credit was crucial for the stimulation of the demand for electric vehicles that are still more expensive than their gas -powered colleagues. The company paused in December in the production of Lyriq and Vistiq in its work in Spring Hill, Tennessee. It is also planned to cease production for a week in November and October as well as slow production in the first five months of 2026 by temporarily letting one of his workers. Similarly, it delays the beginning of a second layer in a work near Kansas City indefinitely, which is to begin later this year with the production of the Chevy Bolt eV. While EV sales had difficulty fulfilling expectations, they have improved over time. GM even announced that August was its best month for EV sales. In the same press release, however, it was quickly found that it was not sure what the future would do. "We will almost certainly see a smaller EV market for a while, and we won't be overproduced," wrote the high -ranking Vice President and President of the company, North America, Duncan Aldred. Already in May the transport editor Andrew J. Hawkins said: "The United States has already been behind China and other industrialized countries in relation to Clean Energy Investments. If the largest American car manufacturer is aggressively reduces EV production, it is difficult to see how the United States can catch up.