SAIC-GM, the main joint venture of General Motors in China, has just announced that the company set a new record for monthly sales of electric vehicles in the Asian country.
The automaker sold a total of 7,503 all-electric vehicles across its Buick, Chevrolet and Cadillac brands during the month of June in China, which constitutes the company’s best sales figure for zero-emission models in that country. SAIC-GM does not publish sales figures by nameplate. nor does it usually report sales data by month, but by quarter.
Notably, the 7,503 EVs sold by the GM subsidiary in China represent a dramatic 105 percent year-over-year increase and an even larger 217 percent month-on-month increase according to SAIC-GM’s records. This remarkable level of growth has been fueled by the recent deployment of the company’s first next-generation all-electric vehicles based on the Ultium architecture within the Chinese market.
In fact, the GM joint venture announced that June deliveries of the all-new Buick Electra E5 totaled 3,587 units – accounting for nearly half the total volume achieved by the company’s full line of electric vehicles. As such, the new Buick Electra E5 becomes the most popular model in the automaker’s growing range of zero-emission models in China, which until now has been led by the Chevy Menlo EV.
This strong sales performance of GM electric vehicles in China is a result of continued improvement of the company’s powertrain system capabilities and progressive increase in local manufacturing capacity of Ultium platform models. In the past 18 months, SAIC-GM has inaugurated two Ultium powertrain vehicle manufacturing centers, including the new Shanghai Ultium Center and the Wuhan Ultium Center. The construction of a third plant has just been announced as well, and the Yong Due Ultium Center factory will open for business in 2025.
SAIC-GM currently offers three electric vehicles with Ultium Battery technology and Ultium Drive propulsion in the Chinese domestic market. The range is made up of the new Cadillac Lyriq, the all-new Buick Electra E5 as well as the exclusive Buick Electra E4 for that country – with deliveries scheduled to begin during the third quarter. Later this year, the company will reveal Cadillac’s second Ultium-based model, the upcoming sub-Lyriq compact crossover.