GM has formally offered over 300,000 EVs within the US since 2016. The corporate introduced the milestone on Monday as gross sales surged to a brand new file final quarter.
GM EV gross sales prime 300,000 milestone in October 2024
In October 2024, GM reached an necessary milestone: EV gross sales within the US reached 300,000 since 2016. Throughout North America, GM has now offered over 370,000 all-electric autos.
After promoting a file 32,095 EVs within the US within the third quarter, GM topped Ford and Hyundai to change into the quantity two vendor of electrical fashions.
“Our technique is working,” GM mentioned on Monday. “We’re providing nice new EV choices for nearly each type of driver,” the assertion added. The expansion is being pushed by new fashions launching in key segments.
GM has one of many largest EV lineups, together with luxurious fashions just like the Cadillac Lyriq, pickup vans just like the Chevy Silverado EV, and low-cost choices like the brand new Chevy Equinox EV.
In keeping with GM, the “most inexpensive EV within the US with +315 miles vary,” Chevy’s $35,000 Equinox EV LT, now arriving at dealerships throughout the US. The lower-priced 2025 Silverado EV LT is additionally hitting dealerships throughout the US.
An choice for nearly each driver
GM’s momentum is poised to proceed with new fashions just like the Cadillac OPTIQ and ESCALADE IQ launching later this 12 months.
Subsequent 12 months, GM will introduce the next-gen Chevy Bolt. GM’s president, Mark Reuss, confirmed the brand new mannequin will launch subsequent 12 months as a “household of Bolts.”
Reuss additionally mentioned the corporate’s “EV economics will enhance as quantity will increase,” enabling even decrease costs. GM’s president even took a jab at Ford, saying, “We don’t must create a skunkworks to create inexpensive electrical autos,” including, “We all know how to do that.”
GM mentioned it could provide EVs at a lower cost as battery prices proceed to fall. Going ahead, the corporate will drop its “Ultium” battery model identify whereas specializing in launching new chemistries to advertise even decrease prices.
The corporate mentioned it’s “doing greater than constructing EVs.” The corporate additionally makes it simpler for drivers to go electrical by increasing dwelling and public charging choices.
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