GM records $6 billion write-down as US EV plans shift

General Motors recorded a $6 billion write-down as it changed its domestic electric-vehicle plans, the article said.

Despite those costs, 2025 was not a terrible year for the company: it grew US sales by 6 percent, and in China more than half of the 1.9 million vehicles it sold were New Energy Vehicles (NEVs), which grew by 22.6 percent. The article noted NEVs include EVs and plug-in hybrids, and for GM are mostly locally developed models sold under Buick and Electra, joint ventures such as Wuling, and some Cadillac Lyriqs.

The piece also said BrightDrop is no more and that Chevrolet dealers are holding more than 2,500 unsold electric vans, slightly more than half of them the shorter BrightDrop 400, which the article says starts at under $47,000 on Chevy’s website; the larger BrightDrop 600 is still listed at under $50,000. The article's author said they believe demand exists for converting these vans into camper vans and noted reader comments on past coverage often discuss such conversions.

The outlet did not lay out GM’s next steps for its domestic EV strategy, and the potential for widespread camper conversions was presented as anecdotal and opinion rather than a confirmed market outcome.

Key Topics

Business, General Motors, China, New Energy Vehicles, Brightdrop, Chevrolet