Chevrolet Shatters Expectations—Sales Skyrocket Past All-Time Highs

Detroit's iron horse gallops ahead—Chevrolet just left competitors choking on its exhaust fumes. No fluff, no hype: raw numbers tell the story.

Gasoline dreams, electric stakes

While legacy automakers fumble with half-baked EV pivots, Chevy's playing 4D chess. Combustion engines? Crushing it. Battery play? Quietly scaling. The market didn't see this coming—analysts too busy shorting Tesla to notice.

Wall Street's blind spot

Finance bros still measure success in quarterly margins. Meanwhile, Chevy's executing the oldest trick in the book: sell what people actually want (hint: not $100k cyber-trucks). Cue the institutional FOMO.

One question remains—how long before the suits try to 'disrupt' this proven model with another metaverse dealership gimmick?

Enter the Equinox

Chevrolet is putting its money where its mouth is with the Equinox EV. July wasn't just the best sales month so far for the EV but also the best sales result for an EV other than a in the U.S. market.

The model certainly helped drive GM's total EV sales up more than 115% in July compared to the prior year. GM sold over 8,500 Equinox EVs in July, almost half of the roughly 19,000 EVs it sold during the month.

The Chevrolet Equinox EV. Image source: General Motors.

This has been in the works for a while. GM launched the lower-priced LT model in late 2024, and with a starting price of under $35,000, sales of the Equinox began to accelerate. It helped Chevrolet become the fastest-growing EV brand in the U.S. during the first quarter, and now it's expected to crack the top three in EV sales for the full year, trailing only Tesla's Model Y and Model 3.

Overall, Chevrolet had its best first-half sales since 2019, up 9%, having posted record first-half sales for its crossover lineup, led by the Equinox. You can see the difference in the direction of EV sales between GM and Tesla in the graphic below.

Image source: Cox Automotive's Kelley Blue Book Team.

Move over, Lucid

It might be time forto slide over and let a newcomer take the world record for EV range. It all started with an engineer-led challenge and passion project, then turned into a real-world test of a 2025 Chevrolet Silverado EV optimized for efficiency. It should be noted that, despite being optimized, the EV truck's hardware and software were left alone.

The GM engineers drove the Silverado EV on public roads over the course of seven days, attempting to optimize the range. The result was an industry milestone and (if you accept GM's argument) a new world record in EV range. The Silverado traveled 1,059.2 miles on a single charge, beating the previous record of 749 miles held by the Lucid Air Grand Touring.

But while it appears GM obliterated the prior record in terms of miles, it must be noted that Guinness documented and confirmed Lucid's world record for range by measuring efficiency, with the Air Pure achieving 5 miles per kilowatt-hour (kWh) compared to the Silverado EV's 4.9 miles/kWh.

Regardless of your stance in this debate, the feat by GM and the engineers behind the Silverado's impressive run is worth noting because the technology and optimization involved could partly filter down into production.

What it all means

In the grand scheme of things, Chevrolet is but one of the company's brands, and the automaker is far more complex as an investment than simply a surging brand and new records for EV range. But GM has been doing a lot of things correctly lately. It's investing in its brands wisely, and it's time investors start taking note of what could become one of the automotive industry's top investments.