General Motors is going to be scaling back production of the Cadillac Lyriq and Vistiq, as well as the Chevy Bolt EV as it expects sales of electric vehicles to slow dramatically. The $7,500 consumer tax credit for purchasing a new EV is set to expire at the end of the month. That credit has been crucial to driving demand for EVs, which are still more expensive than their gas-powered counterparts.
The company is pausing production on the Lyriq and Vistiq at its Spring Hill, Tennessee plant in…
