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gm just wrote down 76 billion on its ev businessand grew market cap by the same

Rank map, news, and discussion for gm just wrote down 76 billion on its ev businessand grew market cap by the same. · United States · Snapshot day 2026-07-22

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    GM swallowed a $10.9 billion pill to reset its EV strategy. It says the worst is nearly over.

    General Motors has recorded billions in write-downs as it cuts battery capacity, leans on gas-powered vehicles, and resets its EV ambitions.

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