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GM lists Chevy Bolt EV and EUV as ‘#1 mainstream EV series’ in Q4 and FY 2022 US sales report

(Credit: General Motors)

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General Motors (GM) has released its 2022 US fourth quarter and full-year sales report for the US, and in it, the veteran automaker highlighted some of its key milestones during the past year. GM deserves quite a lot of credit in 2022, considering that the American automaker was able to reclaim the US’ top spot in overall auto sales from Toyota Motor Corp, one of its strongest rivals. 

As per GM’s Q4 and FY 2022 US sales report, it was able to post a total of 2,274,088 sales in the United States in 2022. This corresponds to a 3% year-over-year rise. The company also posted a strong comeback in the fourth quarter, with US sales rising up 41% year-over-year to 623,261 units. Toyota, on the other hand, posted overall sales of 2,108,458 units over the year. 

Credit: General Motors

Considering its accomplishments, it was no surprise that General Motors listed several of its “#1” milestones in 2022. The company specifically listed some of the vehicles behind its “#1” accomplishments in 2022, such as the Cadillac Escalade, which was the number one large luxury SUV for the 9th straight year; and the Chevrolet Corvette, which was the number one luxury sports car. Interestingly enough, GM also listed the Chevrolet Bolt EV and Bolt EUV as the “number one mainstream EV series in Q3 and Q4.”

GM did not specify what it meant by “mainstream EV series” in its report, though it should be noted that the Chevrolet Bolt EV and EUV’s Q4 sales of 16,108 units in the United States are quite conservative, at least compared to some of the country’s most popular battery electric cars. In the third quarter, for example, Counterpoint Research listed the Chevy Bolt EUV with a 4.8% sales share in the US, while the Tesla Model 3 commanded 20.4%.

GM did highlight that the Chevrolet Bolt EV and EUV had their best sales year to date with a 53.5% increase to 38,120 units, but a notable part of this gain was likely due to the fact that the vehicle’s numbers were throttled last year due to a global recall. In a way, however, the Chevy Bolt EV and EUV did have a pretty impressive comeback story in 2022, considering the challenges GM faced with its battery issues that ultimately resulted in a production halt for the vehicle. 

Also, GM appears to have a lot of plans with its EV segment in 2023. These are listed below.

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  • Chevrolet Bolt EV and Bolt EUV production expected to increase to more than 70,000 units this year to meet strong global demand
  • Three Chevrolet EVs launching in the industry’s most popular segments
  • Cadillac LYRIQ production continues to increase to meet strong customer demand
  • GM’s first Ultium-dedicated assembly plant – Factory ZERO in Detroit and Hamtramck – slated to resume production this month. GMC HUMMER EV SUV planned to launch mid-2023
  • BrightDrop Zevo 600 production is underway at CAMI, Canada’s first full-scale EV plant, with Zevo 400 manufacturing slated to begin later this year

GM’s Q4 and FY 2022 report can be viewed below. 

Q4 YE22 Sales Release 2 by Simon Alvarez on Scribd

Don’t hesitate to contact us with news tips. Just send a message to simon@teslarati.com to give us a heads up.

Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

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Tesla’s Supercharger Diner probably just secured more locations

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tesla diner
Credit: Tesla

Tesla’s Supercharger Diner in Los Angeles dominated the company’s global usage rankings after just one year, proving the concept is more than just a one-off novelty location that will fade away.

The performance could incite the company to build more locations, something that CEO Elon Musk has hinted at for some time.

Tesla’s Supercharger Diner delivered 21.2 GWh of energy in its first year of operation, the company’s head of Charging, Max de Zegher, revealed on X. Of the top 10 most utilized Supercharger locations in Tesla’s global infrastructure, the Diner in Los Angeles was the most used by drivers, and it wasn’t particularly close:

On its launch day one year ago, nobody was too sure what the Tesla Diner would be about. It seemed like an interesting concept, and considering it had been in the works for years, it was a highly anticipated launch that many were looking forward to.

Based on its success, we could see additional Diners with Superchargers built throughout the United States, and potentially beyond. Musk has said on several occasions that the company would be willing to bring the Diner idea to more markets.

Tesla makes major change at Supercharger Diner amid epic demand

Of the markets that Musk has mentioned, both Palo Alto and Austin have come to be perceived as ideal selections. However, there are no concrete plans as of now to build new Supercharger Diners anywhere; the location on Santa Monica Boulevard will remain the exclusive spot to pick up Tesla-inspired eats, at least for the time being.

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Investor's Corner

Tesla short sellers win big after shares fall after earnings

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A red Tesla Roadster driving around a turn
(Credit: Tesla)

Tesla short sellers won big following the company’s massive fall on Wall Street after it reported subpar Earnings on Wednesday.

Tesla short sellers collected about $4.12 billion in single-day profits on Thursday, according to BloombergShares fell as much as 15 percent during Thursday’s session. It closed as one of the worst days for Tesla on Wall Street in the past three years.

Investors sold off the stock after Tesla said it would aggressively direct its spending toward AI and its Optimus robot project. The company had record revenues, which were driven by one of the strongest quarters in terms of vehicle deliveries in company history.

However, it missed EPS estimates by reporting just $0.33, a far cry from the $0.53 analysts expected.

S3 Partners reported that about 3 percent of Tesla’s outstanding stock is sold short. Managing Director at S3, Ihor Dusaniwsky, provided the short seller’s potential profit, as well as another figure: shorts have likely had paper gains of $8.92 billion this year, as Tesla shares are down 30 percent in 2026.

Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue

Tesla has burned short sellers many times in the past, but the company’s latest Earnings Call was a chance for those skeptics to taste some payback. Although the company gave some very transparent information regarding future projects, the rollout of Robotaxi, Optimus, and Semi, many investors took their profits on Thursday.

Notable short sellers like Michael Burry have been transparent about their skepticism around Tesla shares. Burry just revealed three weeks ago that he had opened up a new short on the stock, stating he shorted Tesla shares at $416.22. “Happy it jumped back to this level,” he said in a blog post.

At the time of publication, Tesla shares were down about 3 percent and the stock was trading at $309.92.

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Tesla door handle saga gets its latest chapter and a big change is coming

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Credit: Tesla | Model 3 Owner's Manual

Tesla’s long-standing saga regarding its door handles and a manual release has entered its latest chapter, and as a result, a big change is coming.

On Friday, the National Highway Traffic Safety Administration (NHTSA) denied Tesla’s petition that was seeking a defect investigation into roughly 180,000 Model 3 vehicles for an issue involving the emergency mechanical door release.

NHTSA said that Tesla’s petition did not present evidence of a safety-related defect in the door handles or their emergency releases. Instead, the agency determined that it would rather solve the issue of the lack of labeling or location of emergency mechanical door releases and the federal safety rules that govern them.

Essentially, the NHTSA wants to create and enforce rules that would require automakers to make emergency door latch releases more clearly labeled in a car. Despite a Tesla having manual door releases on all four passenger doors, many people do not know they exist or how they work.

Tesla addresses door handle complaints with simple engineering fix

In recent times, Tesla has faced some criticism involving its door handles, specifically because some occupants have reported that they are unable to exit their vehicles after losing power. The door handles on a Tesla are electronically operated, but in the event that the 12V battery dies, there is a manual release that can be used.

The NHTSA only identified a single complaint involving the mechanical door releases: a 2022 Model 3 owner said the release was concealed and unlabeled after the vehicle lost power after a front-end collision. It has also already started to create a separate rulemaking process to make emergency door-egress systems more obvious.

It should be noted that all Teslas have mechanical emergency door releases, but they are placed in various locations as the vehicles have aged and been redesigned from year to year. Refer to the safety manual for your vehicle if you have any confusion about where the emergency releases are and how they work.

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