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IPFS News Link • Transportation

GMC Hummer EVs "Sold Out For Two Years," Selling At Auction For Double List Price

• Zero Hedge

The revival of the Hummer brand as GMC's high-end EV has been a smashing hit. Demand is so high that pickup and SUV models are "sold out for two years or more," according to the auto blog GM Authority

The Detroit-based automaker has received 90,000 reservations for both versions of the Hummer EV. GM Authority said all new orders had been halted since last month. 

For reference, GM has only produced 2,570 units of the Hummer EV Pickup as of September 2022, a far-cry from the 90,000 units needed just to meet reservations. 

However, production has been picking up as of late, as GM produced 700 Hummer EV Pickups in September, which represents almost 30 percent of all units built. 

In order to meet demand, this growth needs to continue, which will be facilitated by the opening of the first Ultium Cells plant in Ohio. 


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