Hey, fabulous money mavens! 🌟 Let’s dive into something exciting happening in the auto world that could perk up your portfolio. General Motors, yes, the one that had a bit of a rocky past, is now making fierce moves with its brands and electric vehicles (EVs). They’re not just revamping their image; they’re charging forward with investments and stock buybacks. But the real buzz? Their electric ventures are gaining serious traction.
Let’s talk about Chevrolet. Oh, honey, they’re not playing around. Recently, they zoomed up to become the No. 2 selling EV brand in the U.S. Pretty major, right? Two models, in particular, are crushing it and pushing GM’s business into the fast lane.
First up, the Chevrolet Equinox EV is turning heads and making sales records. Picture this: July wasn’t just a good month; it was the best month for any non-Tesla EV in the U.S. 🚗💨 With sales over 8,500 units in July alone, the Equinox is leading the charge. And with a starting price under $35,000, it’s no wonder sales accelerated when the lower-priced LT model came out.
Here’s what I’d do: keep an eye on this trendsetter. It’s helping Chevrolet become the fastest-growing EV brand in the U.S. and could soon be in the top three for the year, right behind Tesla’s Model Y and Model 3. If you’re thinking of investing, this might be a brand to watch. 📈
Now, let’s shift gears to the Chevrolet Silverado EV. Imagine breaking a world record! GM engineers transformed a passion project into a sensational test, driving this EV truck over 1,059 miles on a single charge. That’s like driving from Austin to New Orleans and back without a recharge! 🎉 Even though it’s a bit shy of the Lucid Air Grand Touring’s efficiency, the Silverado’s range is a game-changer.
This is why I tell my coaching clients: innovation like this often trickles down to consumer models, which can mean exciting things for future tech and your investment portfolio.
Overall, GM is not just about a single brand; it’s about strategic moves and smart investments. They’re shaping up to be a potential hot ticket in the automotive industry.
Feeling inspired to rev up your financial game? Slide into my DMs, join my mailing list, or take that next step to invest smarter. Let’s make your wealth journey as electric as those vehicles! ⚡️🚀
