GM has 140,000 reservations for Chevrolet Silverado EV

2024 Chevrolet Silverado EV RST


Basic Motors now has about 140,000 reservations for the upcoming electric variation of its Chevrolet Silverado pickup, CEO Mary Barra claimed through GM’s initial-quarter earnings presentation on Tuesday.

GM has promised that the Silverado EV will have at the very least 400 miles of selection, new fast-charging capabilities, and a 4-wheel steering program when it goes into creation early next 12 months.

GM is positioning the Silverado EV as a direct rival to Ford Motor’s electric F-150 Lightning. Ford experienced about 200,000 reservations for the F-150 Lightning when it stopped using new orders for the truck in December. Output of the Lightning began before Tuesday.   

GM’s shares ended up up about .7% in immediately after-several hours buying and selling. The organization described a drop in initial quarter net earnings and income margin Tuesday afternoon.