It turns out Ford wasn’t the only automaker for whom May was a record-breaking month for EV sales. Even the most skeptical gearheads were left scratching their chins in wonder when GM announced its sales numbers for the last month. While the company is keeping the exact numbers close to its vest for now, the CEO confirmed that GM had its best-ever month for EV sales, creating a lot of excitement among the shareholders.
The May Miracle
GM will unveil the exact numbers on July 2nd, but David Caldwell, GM’s spokesperson, revealed that the drivers behind the record month were the Cadillac Lyriq and Chevy Blazer EV. The luxurious Lyriq apparently found as many as 3,000 owners in May alone, with the Blazer EV attracting many customers looking for a good-value EV.
While EV sales are expanding, GM isn’t abandoning the hybrid vehicle market. In fact, the company is planning to expand its lineup of plug-in hybrids by 2027. GM is simply playing it safe. It plays both the EV offense and hybrid defense, ensuring all customers are catered for. Judging by the sales results, the game plan is working pretty well.
The Future Is All About Balance
The success of the Cadillac Lyriq is a clear sign that GM is on the right track with its EV strategy. The stylish crossover is winning buyers with its luxury, performance, and technology blend. With new models like the Cadillac Optiq and Escalade IQ on the horizon, GM isn’t about to slow down. GMC Sierra EV will only add to GM’s growing sales.
Expanding the plug-in hybrid lineup is just pure business for GM. It’s a clever way to capture more consumers and provide a stepping stone for those not quite yet ready to go all-in on electric driving. Just like Ford, GM’s rapidly growing sales prove that even amidst production challenges and changing strategies, the demand for electric vehicles is strong and growing.
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- Source: https://teslatale.com/gm-ev-sales-soar/