General Motors EV Sales 'Outstrip' The Industry

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General Motors' electric car sales in July and August nearly matched its entire Q2 sales, showing signs of a strong momentum.

General Motors' EV sales in July and August 2024 nearly matched its entire Q2 results. It's close to surpassing Ford to become the third-best-selling EV maker in the U.S. GM says as many as 10 EV models will be on sale by the end of the year. After selling a record number of electric vehicles in the second quarter of this year, General Motors looks poised for another quarter of record EV sales.

Deliveries of the Cadillac Optiq and Escalade IQ are imminent as well. “We are definitely outstripping the industry in terms of growth, in terms of EVs,” Rory Harvey, GM president of global markets told the outlet. Cadillac There are more reasons to be optimistic. The Equinox EV's base 1LT trim, promised to start at $35,000 before tax credits, is not even on sale yet. It's expected to become one of the cheapest EVs with over 300 miles of estimated range.

 

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