GM’s electrical star, the Chevy Bolt EV (and EUV), continues to hold the load for the automaker’s absolutely electrical lineup. Regardless of gross sales of the Chevy Bolt EV doubling YOY, numbers are down from the primary quarter.
Chevy Bolt props GM EV gross sales in Q2, however for the way lengthy?
Normal Motors bought 15,652 EVs within the second quarter of 2023. The Chevy Bolt EV and EUV accounted for 13,959 of these.
Though Chevy Bolt gross sales are up 101% from final yr, they’re really down from the primary quarter. Within the first three months of the yr, GM bought 19,700 models, up from 358 in Q1 2022.
The YOY comparability will not be precisely truthful as a result of the Bolt was recalled, with manufacturing resuming final April. Since then, the Bolt has turn into a top-selling EV mannequin within the US for its inexpensive worth and flexibility.
Throughout the automaker’s first quarter earnings name, CEO Mary Barra defined that, regardless of the fashions’ progress, “it’s now time to plan to finish the Chevrolet Bolt EV and EUV manufacturing, which can occur on the finish of the yr.”
![Buy Chevy Bolt EV](https://electrek.co/wp-content/uploads/sites/3/2022/11/GM-electric-vehicles-profit.jpeg?quality=82&strip=all&w=1024)
The transfer comes as GM strikes to an all-Ultium-based EV lineup. GM already has two electrical fashions primarily based on the Ultium platform, the Hummer EV and Cadillac Lyriq.
Each the Hummer EV and Lyriq have struggled to achieve a footing as GM goes by means of rising pains.
![GM-EV-sales-Q2](https://electrek.co/wp-content/uploads/sites/3/2023/04/2023-GMC-hummer-EV.jpeg?quality=82&strip=all&w=1024)
Barra defined throughout an interview with NBC Information final month that battery manufacturing is at the moment holding the automaker again. After promoting a complete of two Hummer EVs within the first quarter, GM recorded 47 gross sales in Q2, down 83% from final yr.
In the meantime, Cadillac’s Lyriq isn’t faring a lot better. GM bought 968 Lyriq fashions within the first quarter and one other 1,348 in Q2 2023.
![GM-EV-sales-Q2](https://electrek.co/wp-content/uploads/sites/3/2023/02/Cadillac-Lyriq-EVs-three.jpeg?quality=82&strip=all&w=1024)
With GM phasing out the Bolt EV, the automaker has excessive hopes for its upcoming Ultium-based lineup. By the tip of the yr, GM will launch three new Ultium electrical fashions, together with the Silverado EV, Blazer EV, and Equinox EV.
![GM-US-EV-battery](https://electrek.co/wp-content/uploads/sites/3/2023/04/GM-2023-EV-breakout.jpg?quality=82&strip=all&w=1024)
![GM-2023-EV-breakout](https://electrek.co/wp-content/uploads/sites/3/2023/04/GM-2023-EV-breakout-2.jpg?quality=82&strip=all&w=1024)
![GM-Europe-EV](https://electrek.co/wp-content/uploads/sites/3/2023/04/GM-2023-EV-breakout-1.jpg?quality=82&strip=all&w=1024)
Barra additionally hinted an Ultium Bolt EV could possibly be within the works, saying, “It’s a vital automobile in our lineup, so you’ll have to wait and see what we find yourself doing” final month.
Electrek’s Take
With GM experiencing battery manufacturing constraints, it appears just like the automaker is popping to ICE automobiles to fill the hole till its battery crops are up and operating.
GM’s first plant in Warren, Ohio, started producing battery cells final fall. The second, in Spring Hill, Tennessee, is predicted to return on-line later this yr, whereas its third, in Lansing, Michigan, is slated to open in 2024. GM revealed plans for its fourth, a $3 billion plant, final month within the state of Indiana.
Altogether, GM expects to have roughly 160 GWh of battery cell capability when all crops are absolutely operational, however this received’t be for an additional few years.
Till then, GM is taking the simple route by filling within the hole with ICE automobiles. Out of the 691,978 automobiles bought within the second quarter, solely 15.6K had been electrical, representing 2.26% of the whole. Not precisely spectacular for a corporation that claims to be phasing out gasoline vehicles for an all-electric future.
FTC: We use revenue incomes auto affiliate hyperlinks. Extra.