Chevy is making significant strides in the electric vehicle market in the US, with its new Equinox and Blazer EVs helping to close the gap with Tesla. After surpassing Ford, Chevy has now become the fastest-growing EV brand in the country.
General Motors (GM) is leading the charge with a lineup of 13 all-electric vehicles, with Chevy emerging as the standout performer. In the first quarter of this year, Chevy outpaced Ford to become the fastest-growing domestic EV brand. Recent registration data from S&P Global Mobility, as reported by Automotive News, shows that Chevy is rapidly gaining ground on Tesla.
While overall new EV registrations saw a slight dip in April for the first time in over a year, Chevy more than tripled its share. Tesla remained the top-selling EV brand with 39,913 registrations, a 16% decrease from the previous April. In comparison, Chevy registered 9,160 EVs in April, marking a significant 215% increase from the previous year. Its market share rose to 9.4%, up from just 2.8% in April 2024.
The Chevy Equinox EV emerged as the third most popular model in April, trailing behind Tesla’s Model Y and Model 3. The Equinox EV garnered 5,424 registrations, while Tesla Model Y registrations dipped by 42% to 18,978, and Cybertruck registrations fell by 23% to 1,680. It is worth noting that Tesla had previously indicated that the transition to the new Model Y would impact production in the first quarter.
The Chevy Blazer EV also performed well, ranking sixth with 2,662 registrations in April. S&P Global Mobility analyst Tom Libby noted that Chevy’s success can be attributed to offering the Equinox and Blazer in key market segments.
Looking at the broader landscape of US EV registrations in April 2025, Chevy’s impressive performance stands out. The Equinox EV, touted as “America’s most affordable 315+ mile range EV,” starts at just $34,995, making it a popular choice among consumers. Chevrolet has sold over 37,000 electric vehicles in the US through May, surpassing Ford’s sales of 34,000. More insights into GM’s second-quarter sales will be revealed on July 1.
With attractive lease and financing options available, such as leases starting at $289 per month and 0% APR for 60 months on all 2025 EV models, the 2025 Chevy Equinox EV presents a compelling value proposition for potential buyers. To explore Chevy’s EV models in your area, you can utilize the provided links to find a dealership near you.
