General Motors (NYSE: GM) is making significant investments in its brands and electric vehicles (EVs) while buying back billions in stock. Chevrolet’s success as the No. 2 selling EV brand in the U.S. during Q2 is due to models like the Equinox EV, which saw record sales in July.

The Equinox EV helped GM increase total EV sales by over 115% in July, selling over 8,500 units. Chevrolet’s strategic pricing and sales tactics have made it the fastest-growing EV brand in the U.S., expected to rank in the top three for EV sales this year.

GM engineers recently achieved a new world record in EV range with a 2025 Chevrolet Silverado EV traveling 1,059.2 miles on a single charge. Despite surpassing the previous record held by Lucid Air Grand Touring, GM’s efficiency levels slightly trail that of Lucid’s range achievement.

This milestone highlights GM’s technological advancements and optimization efforts that could influence future production models. As one of the industry’s top investments, GM’s commitment to innovation and growth is evident through its success in the EV market and record-breaking achievements.

Read more at Yahoo Finance: Move Over — Chevrolet Is Crushing Sales and Records