General Motors Stock Surges 7% on Strong Q2 EV Sales and Market Share Gains
General Motors shares climbed 7% to $52.33 after reporting a doubling of electric vehicle sales in Q2 2025, solidifying its position as the second-largest EV player in the U.S. market behind Tesla. The automaker delivered 46,300 EVs last quarter, up from 21,900 units in the same period last year, with CFO Paul Jacobson highlighting a 12-model portfolio across Chevrolet and Cadillac brands.
CEO Mary Barra reaffirmed GM's strategic focus on electrification, calling EVs the company's "North Star" while emphasizing flexible manufacturing capabilities that allow rapid shifts between electric and combustion engine production. This operational agility positions GM to navigate potential headwinds from expiring EV tax incentives and fluctuating demand.
