GM’s EV Sales Plunge 27% to 216,400 Units as Domestic Models Fall
GM•General Motors faces a 27% drop in Q1 EV sales to 216,400 units, cutting segment share from 10.6% to 5.8% after the $7,500 tax credit expired. Cars.com’s American-Made Index shrank from 99 to 86 models, with pure EV listings halving from 11 to five, heightening competition for GM.
1. EV Sales Decline and Tax Credit Expiration
In the first quarter of 2026, EV deliveries fell 27% year-over-year to roughly 216,400 units, with electrified vehicles comprising just 5.8% of all new sales, down from 10.6% in Q3 2025. The expiration of the $7,500 federal tax credit at the end of Q3 2025 triggered a notable demand pullback and prompted many automakers to scale back production.
2. American-Made Index Changes
Cars.com’s American-Made Index this year lists 86 eligible vehicles, down from 99 in 2025. The number of pure electric models on the list dropped from 11 to five, as assembly location and domestic parts content became critical scoring factors amid evolving tariff impacts.
3. Implications for GM’s EV Strategy
As the market for electric vehicles contracts and domestic competition intensifies, GM may face margin pressure and pricing challenges on its EV lineup. The company will need to optimize production costs, accelerate new model rollouts and potentially seek ways to regain share lost to competitors with higher American-made content.
