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☆ The $100,000 electric truck market is here. A guide to pickups from Tesla, GM, Rivian and Ford
▼ + stars: | 2024-09-07 | by ( Michael Wayland | ) www.cnbc.com time to read: +10 min

There are currently a handful of electric trucks for purchase in the U.S. market: the Tesla Cybertruck, Ford F-150 Lightning, Rivian R1T and General Motors' GMC Hummer EV, GMC Sierra Denali and Chevrolet Silverado. The GMC Hummer and Rivian also have SUV versions, which feature similar functions as their pickup counterparts but in different forms. The SUV version is smaller and more manageable to drive than the pickup truck version. When the F-150 Lightning hit the market, it was the first "mainstream" electric truck. An electric Ford F-150 next to a Tesla Cybertruck in front of Ford's world headquarters on Aug. 27, 2024 in Dearborn, Mich. Michael Wayland / CNBC

Persons: Michael Wayland, CNBC DETROIT – Tesla, Stephanie Brinley, it's, Stephanie Valdez Streaty, Tesla, Ford, Rivian R1T, Rivian, Kelley, Sierra EVs Organizations: GMC, Denali, Tesla, Ford, CNBC DETROIT, Motors, Rivian Automotive, P Global Mobility, Cox Automotive, General Motors, GMC Hummer EV, GMC Sierra Denali, Chevrolet Silverado, Motor Intelligence, Renaissance Center, CNBC, GM, U.S . Environmental Protection Agency, Cruise, Silverado, GMC Sierra GM's, DC, Chevrolet, Sierra Locations: U.S, Detroit, Dearborn, Mich

☆ GMC says its electric Sierra pickup will top Tesla's Cybertruck range by 100 miles
▼ + stars: | 2024-04-16 | by ( Camilo Fonseca | ) www.businessinsider.com time to read: +2 min

GMC increased the range for its upcoming Sierra EV Denali Edition 1 to 440 miles. That's one of the best numbers among electric pickups, including the Tesla Cybertruck. GMC announced the final specs for its new Sierra EV Denali Edition 1, including a range of about 440 miles — a 10% increase from the initial 400-mile estimate. That's also 100 miles more than the Cybertruck, its most high-profile competitor, which has an advertised range of 340 miles for its beefiest version. AdvertisementDenali Edition 1 deliveries are expected to begin this summer, starting at $99,495, GMC said, followed by other trim levels like the Sierra EV Elevation and the Sierra EV AT4.

Persons: Tesla, —, That's, Elon Musk, What's Organizations: GMC, EV, Service, Sierra EV, Ford, Silverado EV, GM, Sierra EV AT4

The move is the latest sign that electric vehicle production and demand may not be as strong as forecast. GM had been set to begin production of the electric Chevrolet Silverado and GMC Sierra in late 2024 at the suburban Detroit plant. Ford said in July it would slow the ramp-up of electric vehicle production and forecast a full-year loss of $4.5 billion on its EV unit. GM still plans a significant boost in EV production in 2024 including adding a new shift at a Detroit-Hamtramck factory that is currently building EV SUVs and pickup trucks. General Motors said on Tuesday it still plans to end production of the Chevrolet Bolt EV at the end of 2023.

Persons: Rebecca Cook, Ford, General Motors, Ben Klayman, David Shepardson, Will Dunham, Franklin Paul, Chizu Organizations: General Motors, REUTERS, Rights, General Motors Co, GM, Silverado, GMC Sierra, Reuters, United Auto Workers, Detroit -, GMC Sierra EV, General, Chevrolet, Thomson Locations: Detroit , Michigan, U.S, Orion, Detroit, Ohio, Detroit - Hamtramck, United States, Washington

☆ GM postpones electric truck production
▼ + stars: | 2023-10-17 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +3 min

CNN —General Motors is putting off adding a second factory for production of its electric pickups until late 2025, the automaker announced Tuesday. But GM had planned to start producing the electric pickups at an additional Michigan factory, Orion Assembly just north of Detroit, as well. Instead, when those electric vehicles go out of production at the end of this year, the factory will not shift quickly to making the trucks. General MotorsGM’s decision will result in fewer electric pickups being built next year but the automaker declined to discuss the extent of a reduction. GM had announced, in 2022, that it would spend $4 billion to convert Orion Assembly to make the electric trucks.

Persons: Bolt, Ford, Joseph Yoon, GM Organizations: CNN —, Motors, Silverado, Hamtramck Assembly, GMC Hummer, GMC Sierra EV, GM, Orion Assembly, Chevrolet Bolt, United Auto Workers, Orion, Chevrolet Silverado EV, General Motors, UAW, Ford, ”, Edmunds.com Locations: Detroit, Michigan

☆ Fisker's new electric pickup is one of the coolest Cybertruck and F-150 Lightning rivals yet
▼ + stars: | 2023-08-04 | by ( Tim Levin | ) www.businessinsider.com time to read: +4 min

US EV startup Fisker unveiled an electric pickup to take on the Tesla Cybertruck and Rivian R1T. The Fisker Alaska electric pickup truck. The Fisker Alaska electric pickup truck. The Fisker Alaska electric pickup truck. The Fisker Alaska electric pickup truck.

Persons: Fisker, Henrik Fisker, Fisker Fisker, There's, R1T, Ford Organizations: Tesla, Ford, GM, GMC Hummer EV, Toyota, Silverado EV, GMC Sierra EV Locations: Alaska, California, Toyota Tacoma

☆ A key test for EV sales and the adoption curve is coming
▼ + stars: | 2023-07-30 | by ( Tim Mullaney | ) www.cnbc.com time to read: +10 min

The company says it will reach 400,000 cumulative units of EV production by early 2024 and that its EV business will reach profitability by 2025. "They have dozens of EV models over the next two to three years. watch nowAmong analysts who believe the stock is due for a bigger drop, expected EV sales disappointment is among the factors. But GM's EV plans come as Ford announced it is slowing down its plans to expand EV production to a 600,000 annual rate. "This will be the first year U.S. EV sales reach 1 million," Downey said.

Persons: Scott Mlyn, Brian Downey, Autotrader, Ford, Dan Ives, It's, they'll, Morgan Stanley, Adam Jonas, Mary Barra, Adam Jones, Colin Langan, Garrett Nelson, Chad Lyons, Lyons, Katie Minter, Rebecca Cook, Reuters Paul Jacobson, Jacobson, Ives, Downey, Tesla, Barra, they're, they've, Cox, Goodcarbadcar.net . Ford Organizations: Silverado, New York Auto Show, CNBC, General Motors, Cox Automotive, Kia, Porsche, Hyundai, Chevrolet Silverado, Wedbush Securities, Investors, GM, United Auto Workers union, Wall Street, Deutsche Bank, GMC Hummer EV, Chevy Silverado, GMC Sierra EV, Chevy Blazer, GMC, Blazers, Jaguar, Audi, North American, Reuters, EV, Cox, Ford's, Ford, Goodcarbadcar.net, Volkswagen, BMW – Locations: Detroit, Detroit , Michigan, U.S

☆ Why GM is killing the Chevy Bolt — America's cheapest EV — amid record sales
▼ + stars: | 2023-04-29 | by ( Michael Wayland | ) www.cnbc.com time to read: +8 min

In this article GM Follow your favorite stocks CREATE FREE ACCOUNTA Chevrolet Bolt EUV on display at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBCDETROIT — After years of lackluster performance and a fire-provoked recall, the all-electric Chevrolet Bolt EV was finally gaining traction for General Motors . The Bolt EV would start at $26,595, followed by the Bolt EUV at $28,195. A 2019 Chevrolet Bolt EV caught fire at a home in Cherokee County, Georgia on Sept. 13, 2021, according to the local fire department. Cherokee County Fire DepartmentStill, GM touted the Bolt EV as proof of the concept for its electric-powered future.

☆ Ram electric pickup truck can go 500 miles on a charge, says Stellantis
▼ + stars: | 2023-04-05 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +4 min

GM expects to get 400 miles of range from its electric trucks. That’s one reason why having a lot of range can be an especially good thing in an electric truck. The pickup truck battle of numbers isn’t just limited to power and pulling, however. Even the Ram TRX, a pickup designed for high-speed desert driving, has a 702-horsepower V8 engine, only slightly more power than the Ram REV. Essentially a plug-in hybrid, that truck will be for customers who aren’t ready to trust a fully electric truck.

☆ Ford will start making Lightning electric trucks again on March 13
▼ + stars: | 2023-03-02 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +2 min

CNN —Following an issue with a battery fire during testing, Ford will restart production of its popular F-150 Lightning electric pickup on Monday, March 13, the company announced Thursday. During pre-delivery inspections, one of the trucks caught fire, according to Ford, and the company halted production and deliveries of the F-150. In the coming days, the new battery cells will be assembled into the battery packs that Ford uses to build the trucks. Stellantis is also supposed to begin production of the Ram 1500 Rev electric truck later next year, as well. The automaker is also building production facilities in Kentucky and Tennessee to build electric vehicle batteries and electric trucks.

☆ Premarket stocks: Why traders are so infatuated with inflation
▼ + stars: | 2023-02-14 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

What’s happening: Investors will get some market direction clarity on Tuesday morning with the release of key inflation data. It’s not all about the Fed: Traders are infatuated with CPI, but it’s likely going to affect markets more than it will future Fed policy. “CPI is the big inflation report that affects markets more than any other,” he said. Even beyond housing, the services sector has seen year-over-year inflation higher than 3.9% every month since March 2021, said Chaudhuri. And as Powell noted in Washington last week, the stickiness of core services inflation is his greatest concern.

Ram 1500 Revolution BEV electric concept pickup truck Stellantis"This is a vision, or a glimpse, into the future of Ram Trucks," Ram CEO Mike Koval Jr. told CNBC. The electric Ram truck is expected to enter an increasingly crowded segment of electric pickups that already includes the GMC Hummer EV, Ford F-150 Lightning, Lordstown Endurance and smaller Rivian R1T. Ram 1500 Revolution BEV electric concept pickup truck StellantisKoval said Ram isn't worried about being late to the segment. Ram 1500 Revolution BEV electric concept pickup truck StellantisThe design of the concept electric Ram pickup appears to be more of a lifestyle pickup rather than a traditional work truck, but executives said the production vehicle will serve both purposes. "The TRX (a performance version of the Ram 1500) has that in spades," Gilles told CNBC.

☆ GMC unveils first edition of Sierra EV Denali which costs over $100,000
▼ + stars: | 2022-10-21 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGMC unveils first edition of Sierra EV Denali which costs over $100,000CNBC's Phil Lebeau looks at the GMC Sierra EV Denali.

☆ Sierra EV joins General Motors' electric truck family in early 2024
▼ + stars: | 2022-10-20 | by ( Paul Lienert | ) www.reuters.com time to read: +2 min

The first version, due in early 2024, is the fully loaded Sierra EV Denali Edition 1, which will be built in limited numbers and priced from $107,000. Register now for FREE unlimited access to Reuters.com RegisterLike its sister model, the Chevrolet Silverado EV, the four-door Sierra EV shares its Ultium battery pack with the GMC Hummer EV. The high-end Sierra EV Denali Edition 1 boasts 754 horsepower and an estimated range of 400 miles. When the battery pack is depleted, a DC fast charger can add about 100 miles of range in 10 minutes, GM said. The feature-laden Sierra EV Denali comes with an adaptive air suspension, a massive 16.8-inch center display, 14-inch multi-color head-up display, panoramic glass roof and Super Cruise hands-free driving assist.

☆ GM's new GMC Sierra EV will offer traditional truck buyers an upscale electric alternative to the Hummer
▼ + stars: | 2022-10-20 | by ( John Rosevear | ) www.cnbc.com time to read: +1 min

General Motors unveiled its latest electric pickup, the new electric GMC Sierra, and began taking reservations for a fully-loaded $107,000 version, called Sierra EV Denali Edition 1, on Thursday. The automaker expects to begin shipping the Edition 1 in early 2024 and to add lower-priced versions of the Sierra EV — starting at around $50,000 — later that year. It says the pickup will offer buyers something different when it begins arriving at dealers, even though it shares much of its technology with GMC's Hummer EV pickup and SUV and the upcoming Chevrolet Silverado EV. One of the biggest differences between the GMC's wild Hummer EV and the new electric Sierra might be the new truck's traditional pickup shape. "With the Hummer EV, we found that 70% of customers with reservations are new to EVs, and about 75% of them are new to the GMC brand."

☆ We got an early look at the $107,000 GMC Sierra EV, an electric pickup with 400 miles of range that's coming in 2024
▼ + stars: | 2022-10-20 | by ( Tim Levin | ) www.businessinsider.com time to read: 1 min

The first version available to customers — the Sierra EV Denali Edition 1 — will cost $107,000 and up and is loaded with all the best tech and features GMC has to offer. The 2024 GMC Sierra EV Denali Edition 1. Tim Levin/Insider

☆ Cadillac's new $300,000 electric car comes with 5 screens, futuristic looks, and 300 miles of range — see the Celestiq
▼ + stars: | 2022-10-18 | by ( Tim Levin | ) www.businessinsider.com time to read: +3 min

The Cadillac Celestiq. The Cadillac Celestiq. The Cadillac Celestiq. The Cadillac Celestiq. The Cadillac Celestiq.

☆ GM investing $760 million in Toledo factory to make electric car drive units
▼ + stars: | 2022-09-23 | by ( Peter Valdes-Dapena | Cnn Business | ) edition.cnn.com time to read: +1 min

(CNN) General Motors is investing $760 million in its Toledo Propulsion Systems factory, which builds transmissions for gas-powered vehicles, so that it can make electric drive units for electric vehicles, too. The drive units will be used in GM electric trucks, the automaker said, including the GMC Hummer EV, which is currently in production, and the upcoming Chevrolet Silverado EV and GMC Sierra EV. It will be GM's first US engine or transmission factory adapted for electric vehicle-related production. Electric drive units include an electric motor, one-speed transmission and power electronics that bring power to and from the motor. For the now, at least, the factory will continue building transmissions for front- and rear-wheel-drive gas-powered vehicles along with the electric drive units, GM spokesman Dan Flores said.

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