US Employees, Factories Left Stranded After EV Subsidy Reversal

(MENAFN- Investor Brand Network) Close to 1,000 workers at a Kansas City-area assembly plant have been sent home without a return date, caught in the fallout from Washington's withdrawal of federal EV purchase support. General Motors had been targeting around 150,000 Chevrolet Bolts at the facility before early next year.

Those shifting policy changes are bound to affect some automakers, such as General Motors, more than others like Ferrari N.V. (NYSE: RACE) due to the stark differences in...

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