GM Charges Ahead: EV Sales Surge to 46,000 Units, Capturing 16% of U.S. Market

Detroit's giant just dropped a voltage spike on the EV race.

GM's electric vehicle sales hit 46,000 last quarter—muscling out a 16% market share while legacy automakers scramble to keep up. Not bad for a company that used to bet the farm on gas guzzlers.

The real shocker? Wall Street analysts are still calling EVs 'a niche play'—even as the sector outpaces their gloomiest projections. Maybe they're too busy counting their ICE-age residuals.

Tariff pressures prominent in General Motors’ report

General Motors is still steady on its full year outlook even after conceding that it faces up to $5B in potential exposure from the TRUMP administration’s tariffs. The company doubled down on its 2025 guidance for adjusted operating profit between $10B and $12.5B.

While the EV sector has generally experienced slow growth, GM’s strong model lineup and production scale have allowed it to maintain momentum. The company’s focus on vertically integrated battery production and cost-effective sourcing in North America is positioning it for long-term profits.

Stakeholders will continue to watch the company closely as it transitions into an “electric first” future, buoyed by Optimism over its ability to corner the wider EV market even after taking on $1.1B in tariff costs.

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