10/31/2025

GM Reports Record U.S. EV Sales in August

Source: Body Shop Business

GM reported August electric vehicle (EV) sales likely hit an all-time monthly high as customers rushed to purchase before federal EV tax credits expire at the end of September. GM reported August EV sales of more than 21,000 EVs from its Chevrolet, Cadillac and GMC brands. This marks its best month ever for EV sales. Strong demand for the Chevrolet Equinox EV, Cadillac LYRIQ and GMC Sierra EV drove results.

GM said it believes the EV market may take several months to stabilize after incentives end but remains confident in its diverse portfolio. Vehicles such as the Chevrolet Equinox EV and upcoming Chevrolet Bolt aim to address affordability. Meanwhile, Cadillac and GMC deliver luxury and performance options, GM said.

The automaker also touts its Chevrolet, GMC and GMC HUMMER pickups and SUVs, citing the combination of performance and range as a competitive advantage.

GM expects reduced overproduction and fewer discounts industrywide. To support adoption, GM Energy is expanding charging access in partnership with EVGo, IONNA and others. By the end of 2025, GM said customers will have access to over 80,000 public fast-charging bays nationwide. More than 100,000 are projected by 2027.

GM said it continues to leverage its internal combustion engine portfolio for flexibility and profitability. The company anticipates strong third-quarter sales and will release its full Q3 sales results on Oct. 1.