DETROIT - General Motors Co. and its joint-venture partner Ultium Cells are cutting 550 jobs at the electric vehicle battery cell plant in Lordstown, and have slated another 850 employees for temporary layoff, The Detroit News reported Wednesday.

The decision comes as part of a move by GM to adjust its electric vehicle capacity in response to a slowing U.S. electric vehicle market and an evolving regulatory environment.

"Electric vehicles haven't been selling," David Welch, Bloomberg analyst said. "There was some sales growth for a few years there, it kind of had started slowing down on it's own," he said.

When President Trump ended the Biden-era tax credits, sales really plummetted.

Gubernatorial candidate Vivek Ramaswamy weighed in on X calling it, "Crushing news for the hardworki

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