Another Record-Breaking Quarter for GM: U.S. Q3 Sales Surge in EV Market
Jo-Carolyn Goode | 10/1/2024, 2:58 p.m.
General Motors (NYSE: GM) is turning up the voltage once again with another electrifying quarter. The automotive giant and its dealership network managed to deliver 659,601 vehicles in the U.S. during Q3 of 2024, reflecting a 2% dip in overall vehicle sales. But don’t let that fool you—GM’s electric vehicle (EV) sales are where the real spark lies.
In a market that's accelerating its shift toward a greener future, GM is hitting all the right notes, delivering a record-breaking 32,195 EVs in the third quarter. That’s a 60% surge year-over-year and a 46% leap compared to the second quarter. If anyone is wondering whether the EV trend is here to stay, GM’s numbers answer with a resounding "yes."
A Car for Everyone—And It's Electric!
GM's EV lineup is expanding at lightning speed. With models that suit every taste—from those who crave speed and luxury to families who need space and safety—GM has truly become a one-stop shop for EV enthusiasts. Rory Harvey, GM’s executive vice president and president of Global Markets, summed it up best: "GM’s EV portfolio is growing faster than the market because we have an all-electric vehicle for just about everybody, no matter what they like to drive." And he's not wrong. With models ranging from the Chevrolet Bolt EV to the all-electric GMC Hummer, GM is ensuring there's an electric ride for everyone.
Charging Ahead of Competitors
While the overall automotive market remains competitive, GM’s strategic focus on EVs continues to bear fruit. As the world moves toward more sustainable energy solutions, GM's leadership in electric vehicle innovation sets it apart from its rivals. Their Q3 EV sales figures prove they’re not just keeping up—they're leading the charge.
The Future is Bright (and Electric)
Looking ahead, GM shows no signs of slowing down. With upcoming innovations and expanding infrastructure for EVs, including charging stations, the company is committed to revolutionizing the way we drive. As more consumers embrace EV technology, GM is positioning itself to be at the forefront of this electrifying revolution.
So whether you're a speed demon, a luxury aficionado, or a tech geek, GM is rolling out something that’ll get your motor—scratch that, your battery—running.
Why This Matters for Houston
As one of the fastest-growing cities in the U.S., Houston’s transportation needs are evolving rapidly. Electric vehicles are gaining popularity across Texas, especially among those looking for more sustainable commuting options. GM’s success in the EV market reflects this shift and offers Houstonians a variety of eco-friendly and cost-efficient vehicles to choose from.
Final Thoughts
GM’s Q3 EV sales mark yet another milestone in their journey to an all-electric future. The numbers speak for themselves, and if this quarter’s performance is any indicator, the future of transportation is not just electric—it’s GM electric.
For more info, visit GM.com