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GM’s EV sales surge in back-to-back record months, narrowing gap with rival Ford

Baua Electric

2024 Chevy Blazer EV RS (Source: GM) GM is still about 20,000 EV sales behind Hyundai Motor (including Kia), but only about 2,000 shy of overtaking Ford. The brand will add two more EVs, the Escalade and Optiq, to its lineup by the end of the year. Cadillac sold nearly 7,300 Lyriqs in Q2, boosting GM’s record EV sales.

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GM ready to unleash next cycle of EV growth after record Q2 revenue

Baua Electric

After beating top and bottom line estimates in the second quarter, General Motors (GM) raised FY guidance for 2024. This includes scaling Chevy Equinox EV production while launching new GMC and Cadillac EVs. To do so, GM is scaling production of the Chevy Equinox EV. All models qualify for the $7,500 EV tax credit.

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GM claims its next cycle of EV growth is coming, but when?

Baua Electric

After beating top and bottom line estimates in the second quarter, General Motors (GM) raised FY guidance for 2024. This includes scaling Chevy Equinox EV production while launching new GMC and Cadillac EVs. To do so, GM is scaling production of the Chevy Equinox EV. All models qualify for the $7,500 EV tax credit.

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Exclusive: 2023 Cadillac Lyriq Preview

Clean Fleet Report

General Motors, the parent company of Cadillac, announced by the year 2035 they will only be selling zero-emission vehicles. This means the massively popular Escalade will be gone or reengineered, as well as the CT4 and CT5 sedans, and all the XT SUV models. Pulling on the paddle slows the motor and allows for one pedal driving.

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Hyundai IONIQ 7 will go by IONIQ 9 as the brand’s first three-row electric SUV

Baua Electric

That’s more than the Cadillac Escalade, 3-row Land Rover Range Rover P400, and Mercedes EQS. Hyundai is expected to debut the IONIQ 9 at the Busan International Motor Show (BIMOS) in South South Korea on June 27, 2024. billion Metaplant to qualify for the $7,500 federal tax credit. of rear legroom.

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2025 Cadillac Optiq EV pivots to Millennials, goes soft on Art & Science

Baua Electric

While that price tag won’t be anywhere as affordable as the XT4 ($39,090 base), Cadillac’s gasoline-fueled compact entry SUV, if it qualifies for the $7,500 EV tax credit it will cost about the same, effectively, as today’s XT5 SUV ($47,290 base) while providing much more cargo and passenger space. The Optiq shares that model’s 116.3-inch

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General Motors reports strong quarter, but EV fans might be disappointed

Teslarati

General Motors ( NYSE: GM ) reported strong quarterly earnings for Q4 2023 today, but electric vehicle fans might be disappointed with the company’s outlook. Those projections are based on the current expectations for EV demand and production growth. GM beat Q4 estimates on revenue by reporting $42.98 billion consensus estimate.