{"id":138355,"date":"2025-10-14T13:08:17","date_gmt":"2025-10-14T13:08:17","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=138355"},"modified":"2025-10-14T13:08:17","modified_gmt":"2025-10-14T13:08:17","slug":"gm-faces-us1-6-billion-hit-after-trump-era-ev-policy-shiftunited-states-canada-south-china-morning-post","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=138355","title":{"rendered":"GM faces US$1.6 billion hit after Trump-era EV policy shiftUnited States &amp; Canada &#8211; South China Morning Post"},"content":{"rendered":"<p>Source: United States &amp; Canada &#8211; South China Morning PostGeneral Motors will record a negative impact of US$1.6 billion in its next quarter after tax incentives for electric vehicles were slashed by the US and rules governing emissions are relaxed.<br \/>\nShares fell less than 2 per cent before the opening bell on Tuesday.<br \/>\nThe EV tax credit ended last month. The clean vehicle tax credit was worth US$7,500 for new EVs and up to US$4,000 for used ones.<br \/>\nMeanwhile, the Environmental Protection Agency has been working on easing rules aimed at cleaning up auto&#8230;<a href=\"https:\/\/www.scmp.com\/news\/world\/united-states-canada\/article\/3329013\/gm-faces-us12b-billion-hit-after-trump-era-rules-dent-ev-plans-challenging-tesla-and-byd?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: United States &amp; Canada &#8211; South China Morning PostGeneral Motors will record a negative impact of US$1.6 billion in its next quarter after tax incentives for electric vehicles were&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/138355"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=138355"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/138355\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=138355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=138355"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=138355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}