General Motors (GM) is set for a “breakout year” for electric vehicles, according to their Q1 2023 production and delivery numbers shared on Monday.
The auto giant is on track to build 50,000 EVs in North America through June and double that number in the second half of the year.
Cadillac LYRIQ deliveries are also accelerating rapidly throughout 2023, showing a promising future for the luxury EV market, said GM.
Additionally, GM’s Factory ZERO is building and shipping the GMC Hummer EV Pickup and the new Hummer EV SUV. According to the line item for the Hummer EV Pickup, it shows only 2 (yes, two) were delivered in Q1 2023. There were 19,700 Bolt EV/EUVs delivered and 968 Lyriq EVs.
GM says it plans to build 70,000 units of the Chevrolet Bolt EV and Bolt EUV to meet global demand. The company also built over 500 BrightDrop Zevo 600s at their CAMI Assembly plant in Ontario, Canada in the first quarter and added Purolator and Ryder as customers.
The company has also received orders for the Chevrolet Silverado EV Work Truck from more than 340 fleet customers, a third of which are on the West Coast. Deliveries for this new addition to their EV lineup are set to begin in late spring.
“GM is off to a great start in 2023. We gained significant market share in the first quarter, pricing was strong, inventories are in very good shape, and we sold more than 20,000 EVs in a quarter for the first time,” said Steve Carlisle, GM Executive Vice President and President of North America, in a statement.
Carlisle emphasized that the company is leading in the fleet and commercial market, and all their brands have a lot of momentum heading into a busy season of new product launches. This positive outlook is reflected in GM’s commitment to building 50,000 EVs in North America through June and doubling that number in the second half of the year.
To put these numbers into perspective, yesterday Tesla announced their global deliveries for Q1 2023, at 422,875 for the quarter, up 36% compared to the same year-ago period.
