After a Hot July for GM EV Sales, Is the Stock a Buy Now?

Key Takeaways General Motors (GM) sold more than 19,000 electric vehicles (EVs) last month, up a whopping 115% year over year. The surge was largely led by strong demand for the Chevrolet Equinox EV model. The US legacy automaker is advancing well in its electrification journey, thanks to its robust portfolio, including 13 models across its Chevrolet, GMC and Cadillac brands. General Motors was the second-largest EV seller in the United States last year, just behind Tesla (TSLA) and managed to keep up the m ...