Chevrolet Equinox EV sees a 722% increase in sales and becomes a market phenomenon

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The electric car market in the United States has just gained a new protagonist: the Chevrolet Equinox EV.

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Presented as the most affordable electric SUV with more than 500 km of autonomy in the country, the model is winning over consumers and quickly transforming Chevrolet into a dominant force in the zero-emission segment.

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With a starting price of just US$34,995 (around R$190,000 at current prices), the Equinox EV saw its sales records soar in June this year, with an impressive 722% growth compared to the same month in 2024.

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There were 6,239 units registered, making the model the main driver of GM's growth in the electrical sector.

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The numbers come from a survey by S&P Global Mobility and show that Chevrolet overtook Ford, taking second place in the electric vehicle market in the USA β€” behind only Tesla.

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In the first half of 2025, GM recorded 47,506 EV registrations, a 143% jump compared to the previous year. This guaranteed the brand a 7.7% share in the segment, more than double what it had in 2024.

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Meanwhile, Tesla remains in the lead, but with clear signs of wear. Sales at Elon Musk's giant fell 7.5% in the first half, totaling 271,050 registrations.

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Its market share fell from 50.5% to 43.7%. The most drastic drop came with the controversial Cybertruckwhich lost more than half of its registrations in June, falling 53% in the period.

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In the same month, GM broke its all-time record for EV sales, with more than 19 thousand units sold. The Equinox EV alone accounted for 8,500 of these sales β€” the highest number ever recorded for an electric car in the US, outside of Tesla models.

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Other highlights were the Silverado EV, which almost doubled registrations, reaching 1,035 units.

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A Fordin turn, saw its sales of electric cars shrink 9.5% in June, reaching 5,759 units.

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As a result, its market share fell to 6.7%, losing space to rivals like HondaAcura and Cadillac, which grew quietly. Kia, Hyundai and Rivian, on the other hand, retreated.

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The success of the Equinox EV has surprised even dealers. A dealer in California said it could have sold even more units, but there were delays in the delivery of vehicles that exceeded a month's wait.

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With the $7,500 tax credit for electric cars set to end in September, GM has already begun offering aggressive discounts to keep up the fast pace of sales.

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The strategy appears to be working β€” and the Equinox EV, which many saw as just another entry-level model, is proving to be Chevrolet's biggest success in years.

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The American market is changing rapidly, and if the pace continues, Tesla could soon have a much tighter fight for leadership.

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