GM stops taking reservations for Hummer EV
New York (CNN Business) There’s a lot of buyer interest in the electric Hummer now being offered by Chevrolet. But there’s limited capacity to build them, and now General Motors has stopped taking orders for the massive EV.
Between January and June, GM reported it delivered fewer than 400 of the pickup version of the Hummer. It plans to start deliveries of the SUV version in spring 2023. It currently has reservations for about 45,000 of the pickups and about 45,000 of the SUV.
“We’re excited to say this incredible demand has led to Hummer EV reservations being fully booked at this time,” said a statement from the company.
GM could not say how long it will take to deliver all these pre-ordered 90,000 Hummers, but this is yet another sign that as traditional automakers move to ramp up sales and production of their EV offerings, there is far more demand for them than supply.
GM has a target to produce only zero-emission vehicles by the year 2035 , and other traditional automakers have similar goals. Part of the shift is driven by tougher environmental regulations that, in some cases, will block the sale of gasoline-powered cars. But a good portion is driven by customer demand.
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