Is GM dropping EV cars?
Though it hasn’t yet canceled any battery-electric models, General Motors is significantly curtailing its EV ambitions due to a drop in demand. General Motors on Thursday became the latest automaker to announce a big loss from its investments in electric vehicles, as it reckoned with a slump in sales of those cars after Congress and President Trump overhauled federal policy to favor fossil fuels.Though it hasn’t yet canceled any battery-electric models, General Motors is significantly curtailing its EV ambitions due to a drop in demand.
What is the best selling GM EV?
Introducing GM’s most successful EV Excluding only models from Tesla, GM’s Chevy Equinox has become the best-selling EV in the U. S. Electrek. The Equinox EV has real sales momentum, scoring more than 25,000 sales in Q3 alone — nearly as many as it sold in Q1 and Q2 combined. Tesla Model Y: 317,800 units sold (estimated) The Model Y is still the bestselling EV in the United States and the seventh bestselling vehicle overall, despite a 22 percent slide compared to 2024, according to Automotive News estimates.China’s BYD overtakes Tesla as world’s top EV seller. China’s BYD has overtaken Elon Musk’s Tesla as the world’s biggest seller of electric vehicles (EVs), marking the first time it has outpaced its American rival in annual sales.