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Chevy Equinox EV sales plunge 92% as Cadillac's SUVs take over
Electrek • • business
Key Points:
- GM's Chevy Equinox EV sales plummeted 92% in Q3 2026, dropping from over 25,000 units in Q3 2025 to just 1,905 units, signaling a sharp decline in demand for the model.
- Overall, GM's electric vehicle sales fell significantly in Q3, with declines across most models including the Chevy Blazer EV (-84%), Silverado EV (-58%), and Cadillac's electric SUVs, though Cadillac still accounted for nearly half of GM's EV sales.
- Despite the Q3 slump, the Chevy Equinox remains GM's top-selling EV for the first nine months of 2026, with 18,154 units sold, though this is down 65% compared to the same period in 2025.
- GM's focus appears to be shifting back toward gasoline vehicles, as reflected by reduced emphasis on EVs in its Q3 report and plans to cut Chevy Bolt production by about 75% following the end of the $7,500 federal tax credit.
- The Chevy Bolt EV, initially a limited-run model, is now expected to have only about 35,000 units produced before production ends in Q1 2027, further indicating GM's retreat from aggressive EV expansion.
