Detroit Automakers Take $50 Billion Hit as EV Bubble Bursts

Companies are taking big losses and making moves to reduce electric-vehicle capacity amid regulatory changes and cooling demand

U.S. automakers have been pumping the brakes on their electric-vehicle businesses for months, and the costs are piling up.

Read Full Article: https://www.climatedepot.com/2026/02/17/detroit-automakers-take-50-billion-hit-as-ev-bubble-bursts/?utm_source=rss&utm_medium=rss&utm_campaign=detroit-automakers-take-50-billion-hit-as-ev-bubble-bursts