On Monday, April 4, GM announced that it delivered a total of 20.67 million electric vehicles in the first quarter of 2023, the company’s largest quarter of electric vehicle deliveries to date, according to a local media report.
The 20.67 million electric vehicles include 19,700 Chevrolet Bolt / Bolt EUVs, 968 Cadillac Lyriq electric vehicles and 2 Hummer electric vehicles.
GM also reported that its new vehicle sales in the U.S. increased 17.6 percent year-over-year to 603,208,000 units in the first quarter of 2023, a growth that was driven by continued strong market demand for full-size and midsize pickups, including a significant increase in commercial fleet sales. The company said its market share grew by 1.5 percentage points, the largest increase of any automaker.
With increased production, GM dealer inventories increased by 50 percent to more than 412,000 units in the first quarter of 2023. The company noted that it will produce 50,000 electric vehicles in North America by June of this year, doubling in the second half of the year.