Electric Silverado Joins GM’s EV Lineup

Electric Silverado Joins GM’s EV Lineup

Submitted by Market Crumbs,

Just a few months after unveiling an all-electric version of its popular Hummer, General Motors announced this week that it will introduce an electric version of its Silverado pickup truck.

The Chevrolet Silverado electric full-size pickup will be built on GM”s Ultium Platform as GM estimates it will provide a range of more than 400 miles on a full charge. GM added the electric Silverado will be available in both retail and fleet versions but declined to say when production will begin or when it will go on sale.

“The vehicles coming from Factory ZERO will change the world, and how the world views electric vehicles,” GM President Mark Reuss said.

“The GMC HUMMER EV SUV joins its stablemate in the realm of true supertrucks, and Chevrolet will take everything Chevy’s loyal truck buyers love about Silverado — and more — and put it into an electric pickup that will delight retail and commercial customers alike.”

The electric Silverado will be built at GM’s new 4.5 million square foot Factory ZERO assembly plant in Detroit and Hamtramck, Michigan alongside the GMC HUMMER EV pickup and the Cruise Origin. GM has committed $2.2 billion to renovate and retool Factory ZERO, the largest for a manufacturing facility in its history.

An electric Silverado is just the latest move by GM to reach its goal of delivering more than 1 million electric vehicles globally by 2025. GM says vehicle development time has been reduced by almost 50% to 26 months thanks to its Ultium Platform, virtual development tools and technology.

Investors approve the moves by GM to embrace a future with electric vehicles as shares continue to make new all-time highs on an almost daily basis.

Tyler Durden
Fri, 04/09/2021 – 15:40

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