TECH - $60000 Cadillac Lyriq Drives GM's Q2 EV Sales After Bolt Is Discontinued | Benzinga
Detroit-based automaker General Motors Co. (NYSE:GM) said on Tuesday that the company has sold nearly 22,000 EVs in the U.S. in the second quarter, thanks to the rising popularity of its Cadillac Lyriq SUV.
What Happened: GM sold 21,930 EVs in the second quarter, marking a jump of over 40% from the corresponding quarter of last year.
The sales were mostly buoyed by the Cadillac Lyriq SUV starting at nearly $60,000, of which the company sold nearly 7,300 units, making up for the year-on-year drop in sales of the Chevrolet Bolt which the company discontinued in late 2023. GM sold only 1,374 units of the Bolt in the second quarter, down from the 13,959 sold in the second quarter of 2023.
The newly introduced Equinox EV sold over 1000 units, marking a good start for ...