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GM’s Equinox EV Drives Record U.S. EV Sales in July

A rush to lock in the expiring $7,500 federal EV tax credit sent GM’s deliveries soaring.

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Overview

  • GM sold over 19,000 electric vehicles in July, marking a 115% year-on-year increase and its highest monthly total.
  • The Chevrolet Equinox EV accounted for roughly 45% of those deliveries, with more than 8,500 units sold—the top monthly performance ever for a non-Tesla model.
  • Offered from under $35,000 with an EPA-rated range of up to 319 miles, the Equinox EV has emerged as GM’s most affordable long-range electric SUV.
  • GM delivered over 78,000 EVs in the first half of 2025, securing a 12.9% share of the U.S. electric vehicle market, second only to Tesla.
  • Industry observers forecast that EV sales could taper after the federal tax credit expires on September 30.