The fastest-growing EV brand in the US is not Tesla or Rivian. It’s GM’s Chevrolet. With the electric Equinox, Blazer, and Silverado rolling out, Chevy is now the fastest-growing EV brand in the US. Although Tesla still accounts for about 50% of EV retail share, new models are eating away at its lead.
Chevy is the fastest-growing EV brand in the US
Earlier this year, GM claimed to be the “fastest-growing high volume EV manufacturer in the US” after sales surged 50% in the fourth quarter.
GM’s share of the US electric vehicle market doubled last year to around 12.5% in Q4. By the second half of 2024, GM topped Ford to become the number-two seller of EVs, trailing only Tesla.
Chevy led the growth with Q4 Equinox EV sales climbing 85% from the prior quarter. Despite launching just last year, the Chevy Equinox EV became the eighth best-selling EV in the US by the end of 2024.
According to JD Power, “The fastest-growing brand in the EV segment right now is Chevrolet.” The new vehicle forecast for March expects “a month of stability for EVs,” with 23% of buyers saying they are “very likely” to consider an electric car as their next purchase.
The report notes that “EV retail share is on the rise, crossing the 10% threshold” so far in March. Although other brands, like Chevy and Rivian, are on the rise, Tesla’s share has dropped to 50% in 2025, down from 56% a year ago.
Chevy calls the electric Equinox “America’s most affordable 315+ miles range EV.” The 2025 Equinox EV LT FWD starts at $34,995, with an EPA-estimated range of up to 319 miles. It’s available in both FWD and AWD across two trims: LT and RS.
Last week, orders for the 2025 Blazer EV SS opened. Chevy’s electric SUV is now available in LT, RS, and SS trims with FWD, AWD, and RWD powertrain options. It starts at $45,995 and has a range of up to 312 miles.
Keep in mind that all Chevy Equinox and Blazer EV models still qualify for the $7,500 federal tax credit. With it included, you could potentially snag an electric Equinox for around $27,500 or the Blazer EV for roughly $38,500.
With Chevrolet Equinox EV leases starting as low as $299 per month or 0% APR financing right now, it’s no wonder sales are surging.
Ready to test Chevy’s electric SUVs for yourself? We are here to help you get started. Check out our links below to find Chevy Equinox and Blazer EVs at a dealer near you today.
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