layoffs supply chain manufacturing electric cars general motors rivian

Automakers scale back EV production as incentives end, but new deals hint at rebound

GM and Rivian cut jobs amid EV market uncertainty
The big picture: With federal incentives ended, EV automakers are monitoring demand, recalibrating production, and weighing further adjustments amid shifting policies and renewed global competition. At the same time, newly forged trade agreements and planned industry investment suggest that some of the current downsizing may be reversed as markets adjust and manufacturers launch new models.
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