Tech

GM charges $1.6 billion amid EV demand decline

GM announces $1.6 billion charge as it cuts electric-vehicle production amid falling demand and subsidy expirations

Published

3 months ago

October 15, 2025

Ahron Young

GM announces $1.6 billion charge as it cuts electric-vehicle production amid falling demand and subsidy expirations

In Short:
– General Motors is reducing EV manufacturing capacity and taking a $1.6 billion charge due to falling demand.
– Industry experts predict manufacturers will be more conservative in EV strategies and focus on current profitable operations.

General Motors has announced a reduction in its electric vehicle manufacturing capacity and will take a $1.6 billion charge on its EV business due to declining demand.The automaker cited the end of government-funded subsidies and regulatory mandates as key factors behind the anticipated drop in EV sales.

As the auto industry undergoes significant changes, there is growing concern about the impact on stock values.

Many manufacturers are reevaluating their production strategies in light of shifting consumer preferences and market conditions.

Industry Changes

The current trend indicates that automakers may become more conservative in their EV strategies moving forward.

Looking ahead, companies will likely focus on optimising their existing operations rather than expanding electric vehicle programmes outside of their most profitable products.

Adjustments in production may reshuffle competitive dynamics in the automotive sector, influencing stock performance across the board.

Tech

Global memory chip shortage set to drive electronics prices higher

Global memory chip shortage raises electronics prices; impacts PCs, smartphones, and likely continues until 2026.

Published

2 days ago

January 9, 2026

Harvey Vargas

Global memory chip shortage raises electronics prices; impacts PCs, smartphones, and likely continues until 2026.

A severe global shortage of memory chips is sending shockwaves through the electronics industry, causing prices to rise across consumer devices. Experts warn that this shortage will continue until at least 2026, affecting everything from PCs to smartphones.

Major manufacturers, including Samsung Electronics, have reported record profits but caution that rising memory chip prices could put further pressure on the sector. This shortage is largely driven by AI technology demands, forcing companies to rethink production priorities.

Consumers should expect higher costs for electronics in the coming months, with price increases likely to continue through the end of 2026.

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Tech

CES 2026 Highlights: AI, robotics, and the future of innovation

CES 2026 explores AI, robotics, and sustainability, reshaping the global economy and redefining productivity and market dynamics.

Published

2 days ago

January 8, 2026

Harvey Vargas

CES 2026 explores AI, robotics, and sustainability, reshaping the global economy and redefining productivity and market dynamics

CES 2026 in Las Vegas is showing how technology is not just shaping consumer products but redefining the global economy. From AI breakthroughs to robotics innovations, the event highlights how new technologies are changing the way we work, move, and invest.

Brad Gastwirth from Circular Technologies joins us to share his insights on the biggest trends driving this transformation.

The event underscores the growing role of AI in shaping both market dynamics and consumer demand patterns, signalling a new era of innovation.

Robotics, mobility, and sustainability are also at the forefront. From real-time AI-driven mobility tech to energy-efficient computing, CES demonstrates how emerging technologies are integrating across sectors. Brad discusses the intersections of technology, sustainability, and capital expenditure, revealing how these trends are set to reshape productivity paradigms and sector leadership in the coming years.

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Tech

CES 2026 opens with AI powering the future of tech

AI dominates CES 2026 in Las Vegas, shaping future tech with smarter, personalized products for everyday use.

Published

2 days ago

January 8, 2026

Harvey Vargas

AI dominates CES 2026 in Las Vegas, shaping future tech with smarter, personalized products for everyday use.

The annual Consumer Electronics Show has officially opened in Las Vegas, with artificial intelligence taking centre stage across nearly every major product category on display. From consumer gadgets to enterprise tools, AI is shaping how technology is designed, used and experienced.

Major tech companies are showcasing smarter, faster and more personalised products, highlighting how AI is moving beyond concepts and into everyday applications. The focus this year is on practicality, efficiency, and seamless integration into daily life.

As CES continues, the event is setting the tone for where technology is heading in 2026, with AI no longer an add-on but a foundation for innovation.

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#CES2026 #ArtificialIntelligence #TechNews #Innovation #FutureTech #LasVegas #AIRevolution #Ticker