General Motors (GM) reported a total of 603,208 vehicle deliveries in the United States during the first quarter of 2023, representing a 17.6 percent increase year-over-year. Although this result is still 6 percent below Q1 2021, the most important thing for GM is that its battery electric vehicle (BEV) sales have been quickly increasing, setting a new all-time quarterly record of 20,670 units – the first time above 20,000 units. This includes three brands – Cadillac, Chevrolet, and GMC – as well as a small and undisclosed number of BrightDrop vans.
The Chevrolet Bolt EV/Bolt EUV duo remain the main drivers of GM’s BEV sales, but the company is now close to 1,000 units thanks to the Cadillac Lyriq (968 units) and GMC Hummer EV Pickup (two units). Starting from Q2 2023, GM expects Ultium-based EV sales to increase to a few thousand, potentially even reaching a five-digit level in Q3 and Q4.
In 2022, GM delivered 39,096 all-electric vehicles in the US (up 57% year-over-year), which was 1.7 percent of the total volume. This included 122 Cadillac Lyriqs (new), 38,120 Chevrolet Bolt EVs/EUVs (up 54% year-over-year), and 854 GMC Hummer EV Pickups (up from one a year ago).
GM is aiming to double all-electric vehicle sales in 2023. The company has stated that its target in North America is 50,000 EVs produced in the first half of the year and double that in the second half of the year, which indicates 150,000 in total. Sales are usually a little bit behind the production, so we should expect no less than 100,000+ vehicle deliveries in 2023.
The list of GM models includes the Cadillac Lyriq (ramp-up), Chevrolet Blazer EV (Summer 2023), Chevrolet Bolt EV/Bolt EUV (production increase to over 70,000/year), Chevrolet Equinox EV (Fall 2023), Chevrolet Silverado EV (Spring 2023), GMC Hummer EV Pickup (ramp-up), GMC Hummer EV SUV (mid-2023), BrightDrop Zevo 600 (ramp-up), and BrightDrop Zevo 400 (launch in 2023). By 2025, GM would like to increase BEV sales in North America to 1 million annually (about 250,000 per quarter).
FAQ
Q1: Are electric car batteries recyclable?
A1: Yes, electric car batteries are recyclable.
Q2: Are electric car chargers free?
A2: It depends on the charger and the location. Some electric car chargers are free, while others may require a fee.
Q3: Can electric car batteries be rebuilt?
A3: Yes, electric car batteries can be rebuilt with the right tools and knowledge.
