by GM Leads the US Electric Vehicle Market
General Motors is demonstrating impressive results in electric vehicle sales in 2025. In the first five months, the company sold over 62 thousand electric cars, allowing it to take second place among US automakers after Tesla. Ford, which was previously the main competitor, has now dropped to at least third position.
Although Tesla remains the undisputed leader with a market share of almost 44%, GM is showing rapid growth. In May, the company recorded its second-largest monthly electric vehicle sales figure, reaching a 15.5% market share. The Chevrolet Equinox EV model performed particularly well, becoming a bestseller with over 21 thousand units sold.
Why is GM Succeeding in Outpacing Competitors?
According to company representatives, the key success factors are an attractive range and affordable prices.
“Customers are choosing our electric vehicles in record numbers. In the first two months of the second quarter, we doubled sales compared to last year,” said Rory Harvey, Vice President of GM.
Interestingly, over half of GM’s buyers previously owned vehicles from other brands. The Equinox EV model, which offers an optimal balance of price and range, became the main driver of these “switches.”
“This is the most affordable electric vehicle with such a range. It easily doubles the sales of our Blazer model,” added Scott Bell, Vice President of GM.
Despite success in the electric vehicle segment, GM continues to successfully sell traditional ICE vehicles and hybrids. The final data for the second quarter, which will be published on July 1, will provide a clearer picture of market dynamics. It is worth noting that against the backdrop of GM’s growth, Ford showed an 8.3% decline in electric vehicle sales compared to 2024, further highlighting the competitor’s success.
