Sales are down. GM still sits at #1. But the electric hype is cooling fast.
The numbers don’t lie. General Motors moved 714,890-ish vehicles in the second quarter of 2026 (official count: 714,893). They lead every other automaker in the US. Sure. But it’s a 4.2% drop from 2023-25’s pace when they shifted 746,000 units. Stretch that view to the whole year so far. GM has delivered 1,3 million cars. That is a 6.8% shrinkage from 2024’s 1.44 million.
Why the dip? GM points fingers at the EV market shrinking. Specifically, after that $7,500 tax credit evaporated, buyers stopped touching affordable electric cars. Hard.
Of GM’s eleven current EVs, four grew. The rest bled. The Cadillac Optiq and Vistiq, the Chevy Bolt, and the GMC Sierra EV posted gains.
Look closer. Those wins are messy.
The Chevy Bolt? It sold 123 in 2023. So when it sold more in 2024, that’s a massive percentage jump on a tiny base. The Vistiq is new too. Launch year bumps inflate growth charts. The Blazer EV crashed 75%. The Hummer EV tanked nearly 55%. BrightDrop, discontinued back in ’23, still moved 900+ vans this year, but down 40%.
So GM holds the #2 spot for US EVs with 56k sales. Down a third. Tesla likely smokes them by a mile.
Gas prices rise. EVs get pricey. Buyers get confused. Silverado sales dipped slightly while the pricier Sierra crept up.
What’s the strategy here? We don’t know yet. The market is waiting to see if anyone cares about electric at full price.
