Chevy Equinox EV sales plunge 92% as Cadillac’s SUVs suddenly take the lead — SkimNews
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- Chevy Equinox EV sales collapsed 92% in Q3 to 1,905 units, down from 25,000+ in Q3 2025, ending its run as GM's top-selling electric car and the third-best-selling EV in the US behind Tesla's Model 3 and Model Y
- GM reported total Q3 sales of 670,974 vehicles (down 6%), blaming "the much smaller EV market and discontinued vehicles" — nearly every electric model in the lineup posted double-digit declines
- Cadillac's electric SUVs accounted for nearly half of GM's EV sales in Q3, led by 4,550 Optiqs (-6.9%), 3,617 Lyriqs (-50%), 2,587 Vistiqs (-34.1%), and 1,604 Escalade IQ/IQLs (-29%)
- GMC's Hummer EV fell 73% to 1,423 units and Sierra EV dropped 50.8% to 1,661, while Chevy Blazer EV sales fell 84% to 5,199 and Silverado EV dropped 58% to 1,655
- GM plans to build about 35,000 Chevy Bolt EVs — roughly 75% fewer than originally planned — before production ends in Q1 2027, per Reuters; the Trump Administration has ended the $7,500 federal EV tax credit
- Through nine months of 2026, the Equinox EV still leads GM's EV lineup with 18,154 units sold, but that total is down 65% from the nearly 53,000 delivered in the same period of 2025
- New lower-priced competitors including the Toyota bZ and Kia EV3 are now on sale as the Bolt heads toward discontinuation, opening the door for rivals to keep winning share
Why it matters: GM's claim to be the "#2 EV seller" behind Tesla is fraying as its mass-market EVs collapse: the Equinox fell 92%, the Bolt is capped at ~35,000 units before Q1 2027 production ends, and the $7,500 federal tax credit is gone. With the Toyota bZ and Kia EV3 now on sale, rivals are winning share in the segment GM once led.
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