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.