Chevy Equinox EV sales plunge 92% as Cadillac’s SUVs suddenly take the lead — SkimNews
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- Chevy Equinox EV sales plunged 92% in Q3 2026 to just 1,905 units, down from more than 25,000 in Q3 2025, ending its reign as GM's top-selling electric car.
- GM reported total Q3 sales fell 6% to 670,974 vehicles, with EVs barely mentioned in the sales release beyond Cadillac's expanding luxury lead; the company blamed "the much smaller EV market and discontinued vehicles."
- Cadillac's electric SUVs accounted for nearly half of GM's Q3 EV sales — 3,617 Lyriqs (-50%), 4,550 Optiqs (-6.9%), 2,587 Vistiqs (-34.1%), and 1,604 Escalade IQ/IQLs (-29%) — even as every nameplate declined year-over-year.
- GM's other EVs all slumped: Blazer EV -84% to 5,199, Silverado EV -58% to 1,655, GMC Hummer EV -73% to 1,423, and Sierra EV -50.8% to 1,661, with only the new Chevy Bolt adding 3,866 units.
- GM plans to build about 35,000 Chevy Bolt EVs — roughly 75% fewer than originally planned — before production ends in Q1 2027, a cut tied to the Trump administration's termination of the $7,500 federal EV tax credit.
- Through the first nine months of 2026, the Equinox still leads GM's EV lineup with 18,154 units sold, down 65% from nearly 53,000 in the same period of 2025, while lower-priced rivals like the Toyota bZ and Kia EV3 enter the market.
Why it matters: GM's status as the '#2 EV seller' behind Tesla is hollowing out at the model level: the Equinox EV is down 92% YoY, the Blazer 84%, and the brand's only growth nameplate (Bolt) is being cut 75% before Q1 2027. With the $7,500 federal tax credit gone and Toyota and Kia launching cheaper EVs, GM is ceding US EV share it previously held.
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