GM Delays Chevy Equinox EV As Well As Flagship Electric Pickups

The Chevrolet Equinox EV, Chevrolet Silverado EV RST, and GMC Sierra EV Denali have all been delayed by a handful of months as GM desires to guarantee their accomplishment

The UAW strike is not the only factor causing concern at General Motors as the organization is reevaluating some of their electric automobile plans.

In a letter to shareholders, GM CEO Mary Barra revealed they’re “moderating the acceleration of EV production in North America to protect our pricing, adjust to slower near-term growth in demand, and implement engineering efficiency and other improvements that will make our vehicles less expensive to produce and more profitable.”

Barra expanded on that for the duration of a get in touch with this morning, exactly where she revealed plans to “move out” the launch of the Chevrolet Equinox EV, Chevrolet Silverado EV RST, and GMC Sierra EV Denali. As element of this work, the models are becoming delayed by a handful of months in order to “ensure their success.”

More: Weak EV Demand Prompts GM To Rethink Electric Silverado And Sierra Production

GM Delays Chevy Equinox EV As Well As Flagship Electric Pickups

The announcement comes shortly right after GM revealed plans to delay production of electric pickups at Orion Assembly. The plant was initially slated to start constructing the Silverado and Sierra EVs subsequent year, but that has been pushed back to late 2025 to “better manage capital investment while aligning with evolving EV demand.”

Despite the delays, Barra mentioned their commitment to electric cars is as “strong as ever.” She also recommended the revised rollout is far better for the organization as they’re scaling in a accountable way.

One Step Back, One Step Forward

It wasn’t all undesirable news as GM mentioned they’re creating “steady progress” on ramping up electric automobile production. In specific, the organization noted their Ultium Cells plant in Ohio reached 75% of its production capacity and is anticipated to attain complete capacity by the finish of the year.

GM also mentioned they are “currently installing and testing new high-capacity module assembly lines.” The organization went on to note production of Ultium-primarily based EVs far more than doubled, compared to final year, and additional increases are planned for the fourth quarter as properly as subsequent quarters.

In other news, deliveries of the Chevrolet Blazer EV kicked off in the third quarter. The organization also mentioned they’re expecting to have an annual EV capacity of one particular million units in North America by the finish of 2025.