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Why General Motors boss Mary Barra is slamming the brakes on lofty EV ambitions

Mint Hyderabad

|

October 01, 2025

Falling consumer demand and shriveling government support undermine GM's all-electric plans

- Sharon Terlep

Not long ago, Chief Executive Mary Barra declared that General Motors was a decade away from quitting gas-powered cars, setting the course for a new mission, one that would safeguard the planet for generations.

"We have an opportunity and frankly a responsibility to create a better future," Barra said in a 2022 speech. She promised to launch 30 electric-vehicle models globally within a few years and, soon after, convert more than half of GM's North American plants to EV production.

Her ambitious quest to command new markets and save the Earth has since stalled. GM has gone from one of the industry's loudest EV champions to a leading opponent of government emissions rules and fuel-economy standards that for decades fueled the consumer market for cleaner, more fuel-efficient vehicles.

Many car companies, faced with softening EV sales and a Trump administration hostile to green-energy initiatives, have called for looser regulations. None has backtracked as quickly and dramatically as GM.

"GM sold us out. Mary Barra sold us out," California Gov. Gavin Newsom said at a recent news conference. He was still fuming over GM's successful campaign to help strip the state of its authority to set clean-air regulations more strict than the rest of the nation.

The Detroit-based automaker this year has spent more to lobby the federal government than any company other than Meta, using much of the money going to fight clean-air and fuel-economy rules. GM's $11.5 million in reported spending through June is nearly double Toyota's tally and roughly six times that of Ford's.

One GM lobbyist called the office of Sen. Ted Cruz (R., Texas) earlier this year to support his efforts to weaken 50-year-old federal fuel-economy rules that over the years significantly reduced fuel consumption and emissions, as well as helped birth such cars as Toyota's Prius.

MEER VERHALEN VAN Mint Hyderabad

Mint Hyderabad

Mint Hyderabad

A play of wind, water and light on a canvas in Skagen

Skagen, at the tip of Denmark, is known for its sea, dunes, ethereal light, and artists who made this town immortal

time to read

3 mins

October 02, 2025

Mint Hyderabad

Sep manufacturing PMI dips—exports rise. Are they blips?

Business activity in India’s manufacturing sector has lost a bit of momentum.

time to read

1 mins

October 02, 2025

Mint Hyderabad

Mint Hyderabad

LG Electronics India banks on domestic demand, premium portfolio

LG Electronics India Ltd, the wholly owned subsidiary of LG Electronics Inc., is preparing to tap the public markets even as it sharpens its focus on meeting domestic demand, building India as a global export hub, and expanding its portfolio of premium products.

time to read

2 mins

October 02, 2025

Mint Hyderabad

Mint Hyderabad

New Income Tax Act hasn't simplified tax: CA Prakash Hegde

Over the past few years, two big shifts have changed how Indians plan their taxes: the introduction of the new tax regime and the changes in capital gains taxation.

time to read

2 mins

October 02, 2025

Mint Hyderabad

Mint Hyderabad

Pocket FM to raise $150 million

The firm has appointed Goldman Sachs to raise the funds it will use for global expansion, stronger technology

time to read

2 mins

October 02, 2025

Mint Hyderabad

Mint Hyderabad

RBI unveils plans to bolster credit flow to corporates, capital market

Regulator to remove cap on banks’ market lending to single group, proposes to allow acquisition funding

time to read

2 mins

October 02, 2025

Mint Hyderabad

Mint Hyderabad

Festive cheer: Govt hikes DA, crop prices in ₹1.2 trillion push

The government on Wednesday approved a hike in dearness allowance for its employees, increased the minimum support price (MSP) for key crops, and okayed a mission to boost pulses output in the country, in decisions that will cost the Centre ₹1.2 trillion.

time to read

1 mins

October 02, 2025

Mint Hyderabad

RSS AND ITS 100 YEARS OF SERVICE TO THE NATION

A hundred years ago, on the sacred occasion of Vijayadashami, the Rashtriya Swayamsevak Sangh was founded. This was not the creation of something entirely new. It was a newer manifestation of an ancient tradition, where India's eternal national consciousness expresses itself periodically, in different forms, to face the challenges of the times. In our times, the Sangh is the embodiment of that timeless national consciousness. It is the good fortune of our generation of swayamsevaks that we are witnessing the Sangh's centenary. To mark this glorious journey of a 100 years, the Government of India has released a special postage stamp and commemorative coin.

time to read

3 mins

October 02, 2025

Mint Hyderabad

Mint Hyderabad

Central bank seen keeping its options open on Tata Sons IPO

A day after the Reserve Bank of India's deadline for the Tata Group to list its holding company, Tata Sons, passed, the central bank appears to be still weighing its decision, with governor Sanjay Malhotra's comment leaving the matter open to interpretation.

time to read

1 mins

October 02, 2025

Mint Hyderabad

Mint Hyderabad

Festive demand, tax cut power India's auto sales in September

keting head Partho Banerjee said.

time to read

2 mins

October 02, 2025

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