General Motors opposes California's electric vehicle mandate due to market challenges and consumer choice concerns.

From Yahoo Finance: 2025-05-18 21:25:00

General Motors (GM) is urging lawmakers to stop California’s zero-emission vehicle mandate, citing market challenges and consumer choice concerns. GM, once a supporter of the ban on gas-powered vehicles by 2035, is now lobbying against it as EV sales lag behind projections. The company has shifted its stance amidst slowing EV demand.

GM’s email to employees highlighted the threat posed by emissions standards not aligned with market realities. The automaker is calling for Senators to overturn a waiver allowing California to set stricter emissions rules, which have been adopted by other states. GM’s change in position reflects the evolving landscape of the EV market.

Despite GM’s previous alignment with California’s ambitious EV goals, the company is now reevaluating its electric vehicle plans due to slowing demand and market challenges. GM has adjusted its production targets and delayed key launches as consumers seek cheaper alternatives. The company’s stock has seen a 12% increase in the past year.

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Read more at Yahoo Finance: General Motors Company (GM) Reportedly Seeks to Overturn California’s Electric Vehicle Mandate