GM's Chevy Blazer EV Is A Winner. It That Could Help The Stock.

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MotorTrend named the all-electric Chevy Blazer the SUV of the year. GM needed a hit electric vehicle.

General Motors investors finally got some good news. That’s a relief, even if it isn’t related to main concerns such as the United Auto Workers strike, the Cruise autonomous-driving unit, or the economy.“The Blazer EV establishes Chevrolet as a serious force in the electric vehicle space,” reads part of the review. “Its excellence can’t be pinned on novel powertrain solutions or slick design details.

Tesla leads the U.S. BEV market with a share of roughly 50%. Among traditional auto makers BMW has the best sales mix. For the German auto maker about 16% of unit sales in the U.S. came from all-electric models. GM, Ford Motor , and Stellantis have some catching up to do. Traditional auto makers would settle for a BEV model that sells tens of thousands of units a quarter.

 

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