The Chevy Equinox EV, or “America’s most inexpensive 315+ vary EV,” as GM calls it, is red-hot. Because of the electrical Equinox, Chevy is solidifying its place because the fastest-growing EV model within the US. The Chevy Equinox EV helped GM’s electrical automobile gross sales greater than double in Q2, however there’s extra to the story.
The Chevy Equinox EV is charging up GM’s gross sales
GM surpassed Ford and Hyundai Motor final 12 months to grow to be the second-best EV vendor within the US. This 12 months, it’s closing the hole with Tesla.
Led by the Equinox EV, GM’s EV gross sales greater than doubled in Q2, and Chevy solidified its place because the quantity two electrical automobile model.
Chevy’s electrical automobile gross sales surged 134% within the first half. In Q2, Chevy offered 17,420 Equinox, 6,549 Blazer, and three,056 Silverado EVs. By June, GM has now offered 27,749 Equinox, 12,736 Blazer, and 5,439 electrical Silverado fashions. The Chevy Equinox EV is predicted to be one of many prime three best-selling EVs within the US.
Though Chevy’s new EVs are a success, they aren’t the one development driver behind GM’s success. The American automaker offered a complete of 46,280 electrical autos in Q2, representing a 111% improve from the identical interval in 2024.
GM’s share of the EV market in Q2 was roughly 16%, with development throughout the Chevy, Cadillac, and GMC manufacturers.
Cadillac notched its twelfth consecutive quarter of retail gross sales development, attaining its highest market share since 2014.
With a full lineup of electrical SUVs, together with the entry-level (Optiq), midsize (Lyriq), and full-size (Vestiq and Escalade IQ), practically one in 4 Cadillac fashions offered had been EVs. GM offered 3,224 Cadillac Optiqs, its new entry-level EV, 5,017 Lyriqs, 1,744 Vistiqs, and 1,810 Escalade IQs within the second quarter.
After launching the brand new 2026 Sierra EV with an over $27,000 worth lower from the 2025 mannequin 12 months, GMC offered over 1,500 electrical Sierra fashions. Even the GMC Hummer EV is seeing extra demand, with 4,508 models offered in Q2, up 54% from final 12 months.
Beginning at underneath $35,000 with as much as 319 miles of vary, it’s no marvel the Equinox EV is promoting like hotcakes. With leases beginning at simply $289 per thirty days, it’s an ideal deal proper now. Who knew an inexpensive EV with over 300 miles of vary would promote?
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