Americans aren’t as excited about electric vehicles (EVs) as they once were, so now General Motors (GM) is getting back in the gas-burning game. The company announced a major production shift at its Tonawanda Propulsion plant in New York state. GM has abandoned its previously announced $300 million capital investment in EV drive units and devoted $888 million to the production of its sixth-generation V-8 gas-powered engine in 2027. The move represents a significant shift in the wind direction of the market, reflecting changing attitudes and policies related to EVs and the expected impacts of President Donald Trump’s tariffs. It may also be a bellwether of consumer demand.
