DEARBORN, Mich. - General Motors recorded its highest-ever monthly electric vehicle sales in August, with more than 21,000 EVs sold across its Chevrolet, Cadillac, and GMC brands. The sales jump comes as customers are purchasing vehicles ahead of the September 30 expiration of federal EV tax credits.

The company's performance was driven by a portfolio that includes the Chevrolet Equinox EV, the Cadillac LYRIQ, and the GMC Sierra EV. "August was our best month ever for EV sales," said Duncan Aldred, Senior Vice President and President, North America. Aldred noted the company's expectation of continued strong demand in September, acknowledging that sales in the following quarter will likely be lower as the market adjusts to the loss of incentives.

The manufacturer has no plans to overprod

See Full Page