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GM redirects investment from EVs to V8 engines, lobbies against pro-EV policies

  • GM has redirected investment from EVs to producing V8 engines, scrapping plans to equip its plant in New York for EV production.
  • GM, despite achieving success in EV sales and market share, is now focusing on building a sixth generation of V8 engines at the Tonawanda plant with a record investment of $888 million.
  • The company surpassed Ford and Hyundai to become the second-largest seller of EVs in the US, with a significant increase in EV sales in the first quarter of 2025, particularly in the luxury segment.
  • GM is actively lobbying against pro-EV policies like revoking California's emissions waiver, while other automakers like Hyundai are expanding their EV production, questioning the narrative that EVs are not in demand.

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