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Tesla rivals face rising inventory — and it’s becoming an issue

Teslarati

A survey from Cox Automotive estimates that electric vehicle sales in the US auto market could surpass 1 million units for the first time in 2023. For context, dealers have about 54 days’ worth of inventory for gasoline-powered cars. Electric cars currently account for about 6.5% of the country’s automotive sector.

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The New Chevy Blazer EV Has Stumbled Twice in Recent Tests - Hard

The Truth About Cars

A few Ultium-based models have already gone on sale without too many issues, including the GMC Hummer EV and Cadillac Lyriq, but the most recent release hasn’t gone so smoothly. The publication sent its SUV to the dealer, where it’s been for more than two weeks so far, requiring support from a GM technician and surrounding stores.

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GM Q4 sales: Ultium grows, Bolt ends best year ever as GM has 3.1% EV share

Baua Electric

2023 Chevy Bolt EUV (Source: Chevrolet) GM has released its Q4 sales numbers , showing Ultium still ramping steadily, but overall EV sales are down as its best-selling model, the Bolt, winds down as Chevy takes it off the market in its best year of sales ever – leaving GM with only 3.1% EV share, well below the US average.

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GM to boost EV and AV investments 75% to $35B through 2025; new battery plants

Green Car Congress

GM is targeting annual global EV sales of more than 1 million by 2025, and we are increasing our investment to scale faster because we see momentum building in the United States for electrification, along with customer demand for our product portfolio. In addition, GM will add additional US assembly capacity for EV SUVs.

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News: 2025 Cadillac Escalade IQ EV

Clean Fleet Report

News: 2025 Cadillac Escalade IQ EV Cadillac’s Biggest SUV Goes All-Electric Cadillac has jumped to the head of the class by announcing the 2025 Escalade IQ will be the most luxurious full-size, three-row, seven-passenger electric SUV when it debuts in late 2024.

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GM is giving a $7,500 incentive on EV models that lost tax credit eligibility

Baua Electric

GM’s other electric models, including the GMC Hummer EV, start well over the $80K threshold for SUVs and pickups. GM told dealers it would give the same EV tax credit incentive “for any vehicles that became ineligible to the new guidelines.” The EV leader just broke another sales record with 1.81

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GMC’s 2024 Sierra EV Denali Edition 1 is finally here – with a 440-mile range

Baua Electric

The GMC HUMMER EV Pickup and SUV has CrabWalk, too.) Edition 1 reservation holders will work directly with dealers on the ordering process. Plus, it’s free to use and you won’t get sales calls until you select an installer and share your phone number with them. Inside is a 16.8-inch

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