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GM Surpasses 300,000 EV Sales in US, Secures No. 2 Spot

Despite challenges, GM's diverse lineup boosts its position behind Tesla in the competitive EV market.

  • General Motors has sold over 300,000 electric vehicles in the US since 2016, becoming the second-largest EV seller after Tesla.
  • The company achieved record sales of 32,095 EVs in the third quarter of 2024, overtaking Ford and Hyundai.
  • GM's success is attributed to its extensive lineup, including models like the Chevy Equinox EV, Cadillac Lyriq, and GMC Hummer EV.
  • The automaker plans to introduce new models like the Cadillac OPTIQ and ESCALADE IQ, aiming to improve EV economics and lower prices.
  • GM's EV strategy includes leveraging partnerships for battery production and expanding charging options to enhance consumer accessibility.
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