With the killing of the Chevrolet Volt, GM’s US EV sales have actually declined 3 straight years. And surprisingly, in only 3 years has GM had lower EV sales in the US than in 2020 (2010, 2011, 2015).
My 2025 GM US EV forecast (see latest article) is almost the same (241,000) as the cumulative volume (246,711) GM sold over the 11 year period 2010-2020. And while the forecasted 2025 volume would be 10X the 2020 US EV sales, the base is quite low and the 2025 volume would only account for less than 10% of GM’s US vehicle sales.
While the Chevrolet Bolt is GM’s sole EV model in the US, for many years the Volt PHEV was the top or one of the top selling EVs in the US. And in 2017, the combined sales of the Volt and Bolt reached nearly 44,000.
