General Motors (NYSE:GM) is reportedly cutting output at one of its main electric-vehicle factories.
GM will stop production of two electric Cadillac SUVs at its assembly plant in Spring Hill, Tennessee, during December, Reuters reported.
The plant produces the midsize Cadillac Lyriq – a relative hit and one of GM’s top-selling EVs – and the Vistiq, a larger electric SUV.
GM also plans to significantly curtail production of those vehicles during the first five months of next year by temporarily laying off one of its two shifts of workers, the sources said.
The Trump administration’s tax and spending law passed in July withdrew key support for EVs, including a $7,500 consumer tax credit that had been in place for about 15 years.
