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GM’s EV Surge Is Set To Face Its Biggest Challenge This Year
- General Motors faces a challenging year ahead in 2025 amidst policy uncertainties and tariffs threatening its EV growth.
- 2024 marked a successful turnaround for GM in EV sales, positioning it as a strong contender in the market.
- Policy support like the federal clean vehicle credit has boosted GM's EV accessibility, but potential changes could impact sales.
- GM's commitment to EVs faces hurdles with potential tariff impacts and subsidy uncertainties.
- Despite challenges, GM's profitable gas vehicle segment provides a cushion amidst EV market uncertainties.
- Tesla's entry into robotaxi services in California poses competition for Waymo and Uber, with initial human drivers in operation.
- Tesla's Full-Self Driving system faces safety concerns, impacting the readiness of its robotaxi venture.
- Some EV buyers may face challenges with obtaining tax credits due to misunderstandings around the new point-of-sale system.
- The broader impact of EV tax credit denials is being mitigated by successful reporting systems, benefiting thousands of EV buyers.
- Uncertainties in the economic landscape challenge automakers, prompting questions on their resilience in the face of evolving policies.
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