CarvoltX

Country

More markets coming soon More countries will open with their own catalogues, prices, and tools.

Language

EV & Hybrid

GM EV Sales Fall 62% in Q3 2026 in the US, a Year After the $7,500 Tax Credit Ended

GM EV Sales Fall 62% in Q3 2026 in the US, a Year After the $7,500 Tax Credit Ended

General Motors delivered 25,473 all-electric vehicles in the United States in the third quarter of 2026, a fall of 62% year on year. The comparison is harsh because Q3 2025 was a record, with 66,501 units, as buyers rushed to use the $7,500 federal tax credit before it ended. A year on, the numbers show what GM's EV business looks like without that support.

GM EV sales by brand, Q3 2026

Brand Q3 2026 EVs Change year on year EV share of brand sales
Cadillac 12,358 Down 33% 38%
Chevrolet 10,031 Down 75% 2.3%
GMC 3,084 Down 64% 2%
Total 25,473 Down 62% 3.8%

The surprise is that Cadillac sold more EVs than Chevrolet. EVs now make up 38% of Cadillac's US volume in the quarter, while Chevrolet and GMC sit at roughly 2%.

Volume has stabilised, at a lower level

Twelve months after the peak, GM's EV volume has settled at over 25,000 units a quarter, and in Q2 it exceeded 30,000. That is almost 4% of GM's total US volume. For the first nine months of 2026, GM sold 82,152 EVs in the US, down 43%, or 4.1% of total volume. Cadillac held up best year to date (down 11%), while Chevrolet fell 56% and GMC 50%.

Models: Equinox EV takes the biggest hit

Every model declined year on year except the new Bolt, which was not on sale a year earlier. The mainstream Chevrolets were hit hardest.

1Chevrolet Equinox EV: 1,905 (down 92%)
2Chevrolet Blazer EV: 1,261 (down 84%)
3Chevrolet Bolt: 3,866 (new)
4Cadillac Optiq: 4,550 (down 7%)
5Cadillac Lyriq: 3,617 (down 50.5%)
6Cadillac Vistiq: 2,587 (down 34%)
7Cadillac Escalade IQ and IQL: 1,604 (down 29%)
8GMC Sierra EV: 1,661 (down 51%)
9GMC Hummer EV pickup and SUV: 1,423 (down 73%)

The new 2027 Bolt has passed 8,000 customer deliveries this year. Chevrolet has also scaled back Bolt production by 75% to match weaker-than-expected demand.

What it tells us about US EV demand

The pattern suggests that premium buyers, who were likely less sensitive to the tax credit, have largely stayed with Cadillac's EVs, while mainstream Chevrolet models lost most of their volume once the $7,500 credit ended. With the comparison base now a year past the peak, the year-on-year numbers should start improving in line with organic growth.

Running costs remain part of the picture. With gas at record autumn levels in the US, track prices on our US fuel prices tool when comparing an EV against a gas car.

What US buyers should take from this

1Lower demand can mean more room to negotiate on EV stock, especially on mainstream models; ask dealers for written offers.
2Check current incentives from your state or utility, since the federal credit is no longer available.
3Compare total running costs with your real mileage and charging access, not just the sticker price.

Bottom line

GM's Q3 EV sales fell 62% against an inflated year-earlier peak, but volume has steadied above 25,000 a quarter, with Cadillac carrying the load. Follow the CarVoltX blog for more on EV markets around the world.

Topics

Written by

CarvoltX Editorial

Practical buying notes, ownership tips, and market-aware car guidance from the CarvoltX editorial desk.

Keep comparing before you buy

Browse live catalogue prices, specs, and variants, then run the numbers in buyer tools.

A clearer path to a better drive

Practical advice. Useful insights. For every journey.

Explore buying guides