The Chevy Equinox EV has seen a surge in registrations, rising 722% in June 2025. This affordable EV with over 315 miles of range has become one of the most popular EVs in the US, with Chevy surpassing Ford to become the second-best-selling EV brand behind Tesla. Tesla remains the market leader, but its share of the EV market has dropped to 43.7%. The Equinox EV's success has been attributed to its lower price point, starting at under $35,000.
The Chevrolet Equinox EV has seen a remarkable surge in registrations, rising by 722% in June 2025. This affordable electric vehicle (EV) with over 315 miles of range has become one of the most popular EVs in the United States. Chevrolet has surpassed Ford to become the second-best-selling EV brand behind Tesla. Despite Tesla's market leadership, its share of the EV market has dropped to 43.7%. The Equinox EV's success can be attributed to its lower price point, starting at under $35,000 [1].
The Equinox EV's impressive performance has significantly contributed to General Motors' (GM) overall EV sales. In July, GM's total EV sales increased by over 115% compared to the prior year. The Equinox EV alone accounted for nearly half of GM's EV sales during the month, with over 8,500 units sold [1].
GM's investment in its brands, particularly Chevrolet, is evident in the Equinox EV's success. The automaker launched the lower-priced LT model in late 2024, which helped accelerate sales. The Equinox EV has become the fastest-growing EV brand in the U.S. during the first quarter and is expected to crack the top three in EV sales for the full year [1].
Chevrolet's success is not limited to the Equinox EV. The automaker has also set a new world record for EV range with the 2025 Chevrolet Silverado EV. GM engineers optimized the Silverado EV's range to 1,059.2 miles on a single charge, beating the previous record of 749 miles held by the Lucid Air Grand Touring [1]. While the Silverado EV's efficiency was slightly lower than the Lucid Air Pure, the feat showcases GM's technological prowess and commitment to innovation.
In conclusion, Chevrolet's Equinox EV has demonstrated significant growth and popularity in the U.S. EV market. GM's strategic investments in its brands and innovative technologies are paying off, positioning the automaker as a strong contender in the EV space. Investors should take note of GM's progress and consider its potential as a top investment in the automotive industry.
References:
[1] https://www.fool.com/investing/2025/08/11/move-over-chevrolet-is-crushing-sales-and-records/
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