Tesla GM EV Sales Rise Despite End of Federal Incentives
Here’s a breakdown of the key details from the provided text:
* GM’s EV Market Share Growth: General Motors (GM) has substantially increased its EV market share in the U.S. in 2025, rising from 8.7% at the beginning of the year to 13.8% through the third quarter. This surpasses Hyundai (including kia) at 8.6%.
* GM Leads in Growth & Incentives: GM estimates it leads the U.S.industry in EV market share growth with the lowest incentives offered by any major automaker.
* GM’s EV Sales Numbers: GM sold 144,668 EVs through September, representing 6.8% of its total U.S. sales.
* Market Share Ranking (through Q3):
- Tesla (implied to be the leader, though specific percentage not given)
- GM (13.8%)
- Hyundai/kia (8.6%)
- Ford Motor (6.6%)
- Volkswagen (5.4%)
- honda Motor (4.6%)
- BMW (3.6%)
* GM’s Overall Position: GM believes it is well-positioned for the changing U.S. auto market due to its strong lineup of both internal combustion engine (ICE) and EV vehicles, consistent pricing, low incentives, and healthy inventory levels.
* EV Startup Performance: The article mentions that EV startups are seeing sales increase each quarter, but doesn’t provide specific details about their market share.