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GM Launches Chevrolet Silverado Priced at $39,900 for Work Truck to $105,000 for Luxury Model

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LAHORE MIRROR (Monitoring Desk)– General Motors plans to build a work truck version of its new electric Chevrolet Silverado for commercial customers and a fully loaded luxury model that will retail for more than $100,000 when it launches the new pickup next year.

The Detroit automaker on Wednesday said a WT, or Work Truck, will be the first truck offered to fleet buyers in spring 2023, followed by a fully loaded $105,000 RST limited first edition model for consumers next fall. GM said the work truck will start at $39,900.

“It will offer a revolutionary mix of capability, performance, safety, flexibility and design that catapults this electric truck for both fleet and retail customers into a category of its own,” GM CEO Mary Barra said Wednesday when unveiling the Silverado EV during a virtual keynote for the CES technology show.
Both segments are crucial customers in GM’s plans to ramp up sales and remain profitable while it fully transitions to EVs by 2035.

“As we wind the calendar forward, trucks will continue to be a franchise player and that means all of the volume and share and profitability,” GM North America President Steve Carlisle told CNBC.

“The goal is to grow the company as we go through this transition; not to keep it flat or shrink it, so trucks need to play an outsized role in all of that.”

Highlights of the Silverado EV RST include up to 664 horsepower and more than 780-pound feet of torque as well as an estimated 0-60 mph time of less than 4.5 seconds, according to GM. It also will feature hands-free highway driving, four-wheel steering and 24-inch wheels.

Both initial versions of the Silverado EV also will have a full range of more than 400 miles and be able to charge 100 miles in roughly 10 minutes with a DC fast charger, the company said.

SOURCE: CNBC