💨 Abstract

General Motors is laying off 500 workers at a Canadian factory due to weak demand for its electric vans, BrightDrop. This is not related to the ongoing trade war. The cuts are part of a tumultuous history for BrightDrop, which was created as a separate entity in 2021, absorbed in 2023, and experienced a battery fire recall in 2024. GM moved BrightDrop under the Chevy brand last year.

Courtesy: techcrunch.com

Summarized by Einstein Beta 🤖