Electric Pickups And SUVs Continue To Power Up GM And Ford's EV Progress

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General Motors (NYSE: GM) also posted its best quarterly sales figures in more than three years and it owes it to notable increases in pickup truck and EV sales. Moreover, its second quarter EV deliveries reached a record, while its full-size pickup truck deliveries were the highest since 2021.

General Motors

In the second quarter, GM delivered 696,086 vehicles, marking a 0.6% YoY increase and highest since the fourth quarter of 2020. GM reported record EV sales that grew 40% YoY to 21,930, boosted by a jump in deliveries of the Cadillac Lyriq.

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Author / Journalist: Upwallstreet

Category: Technology

Markets: United States

Topics: F WKSP US3453708600 Penny Stocks General GM Markets News EVs Electric vehicles Tech US37045V1008 Contributors Benzinga

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Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-05 @ 14:37:27 (3 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 499 words

Reading Time: 3 minutes read

Sentences: 23 lines

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Copyright Owner: © Benzinga

News ID: 21494164

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