General Motors will record a negative impact of $1.6 billon in its next quarter after tax incentives for electric vehicles were slashed by the U.S. and rules governing emissions are relaxed. Shares dipped 3% before the opening bell Tuesday. The EV tax credit ended last month. The clean vehicle tax credit was worth $7,500 for new EVs and up to $4,000 for used ones. General Motors, which had led the way among U.S. automakers with plans to convert production to an electric fleet of vehicles, said in a regulatory filing on Tuesday that it will have to book charges include non-cash impairment and other charges of $1.2 billion due to EV capacity adjustments. There's also $400 million in charges mostly related to contract cancellation fees and commercial settlements associated with EV-related inv

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