Sales of electric vehicles fluctuate across the industry, but GM is seeing significant increases from one quarter to the next.
While some manufacturers are struggling to sell their EVs at the rate they had forecast - think Mercedes-Benz, among others – other carmakers are starting to see encouraging upswings. General Motors is racking up new highs in EV sales figures each new quarter.
The automaker’s market share in the EV segment in the U.S. has increased from 6.5 to 9.5 percent, from the first to the third quarter of this year. Chevrolet Equinox EV, badging | Photo: Chevrolet Right now, the big driver for GM is the new Chevrolet Equinox EV. In Canada, that model has surpassed the Tesla Model 3 for discount applications under the federal government’s iZEV program. It is proving popular in the U.S. as well, thanks to its accessible price point and anxiety-busting range.
Even the GMC Hummer EV, in all its opulence, is playing its part. It’s on track to exceed 10,000 units sold this year. In the third quarter alone, it recorded half of its results so far for the year.
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