Tesla $TSLA ( ▼ 3.11% ) might still be the EV sales leader in the U.S., but GM $GM ( ▼ 0.08% ) is gaining traction in the market—evidenced by the automaker hitting a monthly sales record for electric vehicles in August.
The details: A report by Clean Technica shows that while Tesla still holds nearly half (49%) of U.S. BEV (battery electric vehicle) sales, GM has surged to 15%—with Chevrolet, Cadillac, and GMC ranking among the top ten brands for BEV deliveries in the second quarter.
Chevrolet’s BEV sales in Q2 reached 27,135—driven by the Chevy Equinox EV, with 17,420 units sold.
Cadillac’s BEV sales totaled 11,795 in Q2—led by the Lyriq, which delivered 5,017 units.
GMC’s BEV sales hit 6,032 in Q2—powered by the Hummer EV, with 4,508 units sold.
Why it matters: Even as overall EV sales growth cools, Tesla—delivering 143,535 units in the U.S. in Q2—continues to validate the market’s long-term potential, affirming why GM continues to make strategic investments in electrification.
OUTSMART THE CAR MARKET IN 5 MINUTES A WEEK
No-BS insights, built for car dealers. Free, fast, and trusted by 55,000+ car dealers.
Moving ahead: GM extended its gains in the electric vehicle market in August, posting its best EV sales month ever.
The automaker sold more than 21,000 EVs combined across Chevrolet, Cadillac, and GMC.
GM attributed the record month to strong demand for the Chevy Equinox, Cadillac Lyriq, and GMC Sierra EV.
Worth noting: To support its rising EV volume, GM is rapidly expanding its charging network. By the end of 2025, GM customers will have access to more than 65,000 public fast-charging bays nationwide—growing to 80,000 by the end of next year, and topping 100,000 by the end of 2027.
What they’re saying: “August was our best month ever for EV sales – and we expect that buying surge to pay long-term dividends, given our industry-leading manufacturer loyalty, and EV customers’ overwhelming commitment to the technology,” said Duncan Aldred, senior vice president and president, North America, GM, in a press release statement. “We’re expecting strong demand once again in September.”
Bottom line: While GM’s EV strategy has sometimes appeared uneven, leveraging a diverse brand portfolio, and scaling up charging infrastructure could put the automaker in a strong position with both customers and dealers for the long term.
A quick word from our partner
Are you struggling sifting through inventory that’s just not right for your lot?
OPENLANE brings dealers like you exclusive inventory, simple transactions and better outcomes — all with lower fees.
OPENLANE can fill out your lot with thousands of quality, late-model vehicles your customers are looking for.
OPENLANE features:
Exclusive access to over 70% of all off-lease vehicles in the US
Luxury or high-mileage, source trades from dealers nationwide
AI-enhanced condition reports with photos, OBD scans, engine recordings, and more
The industry’s leading buyer protection with our Buyback Guarantee
New to OPENLANE? Sign up now and receive a $2,500 buy and sell fee credit.
