GM Takes Another EV Charge—and Warns It Won’t Be the Last

GM is essentially writing down assets that already exist on the books, and $4.2 billion in cash settlements, reflecting lower-than-contracted volumes with suppliers. GM isn’t done either. “We expect to recognize additional material cash and non-cash charges in 2026 related to continued commercial negotiations with our supply base, which we believe will be significantly less than the EV-related charges incurred in 2025,” GM added.