GM Stock Surges to 155th in Daily Rankings as NEV Sales in China Skyrocket

On April 3, 2025, General Motors (GM) saw a significant surge in trading volume, with a total of 8.75 billion shares traded, marking a 48.65% increase from the previous day. This substantial trading activity placed GM at the 155th position in the daily stock market rankings.

GM's new energy vehicle (NEV) sales in China, which include both pure battery electric vehicles and plug-in hybrids, experienced a remarkable 53.2% year-over-year increase. This surge in NEV sales is a testament to the growing demand for electric vehicles in the Chinese market.

In the first quarter of 2025, GM sold over 87,000 Wuling Hongguang Mini EVs in China, significantly outpacing the 31,612 EVs sold in the United States during the same period. This highlights the strong market penetration of GM's electric vehicles in China.

GM China President Steve Hill emphasized that the company's strong performance in the first quarter has laid a solid foundation for profitable growth throughout 2025. This positive outlook is supported by the company's robust sales figures and strategic initiatives in the electric vehicle sector.

GM's overall sales in the first quarter of 2025 showed a notable increase, with electric vehicle sales surging by 94%. This significant growth in EV sales underscores GM's commitment to expanding its electric vehicle portfolio and meeting the increasing demand for sustainable transportation solutions.

GM achieved a significant milestone in the electric vehicle industry by building 189,000 EVs in 2024 and aiming to produce 300,000 EVs in 2025. This production target reflects GM's ambition to become a leading player in the electric vehicle market and capitalize on the growing demand for environmentally friendly vehicles.