General Motors Confirms Plans to Produce All-Electric Silverado Pickup Truck

Several months after unveiling a new all-electric Hummer, General Motors this week confirmed production plans for an all-electric version of its popular Chevrolet Silverado pickup truck, which will be manufactured at the company’s new flagship assembly plant.

The new electric Silverado pickup is part of a $2.2 billion investment in GM’s new 4.5 million square-foot assembly plant in Detroit. The plant, which is still under renovation, is being renamed Factory Zero, as a means of coinciding with the company’s ambitious electric vehicle plans. The new all-electric truck marks the latest move by GM, which plans to deliver over 1 million electric vehicles around the globe by 2025.

The electric full-size Silverado will be built alongside the electric GMC Hummer and the Cruise Origin, and will have a range of over 400 miles on a single charge. GM also noted the new electric pickup will be available in both retail and fleet versions, but refrained from revealing the production start date or when the truck will be available for sale.


Information for this briefing was found via GM. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Gold and Silver May Be Ready for Another Run | Shawn Khunkhun – Contango Silver & Gold

Silver Is Strong Again, and This Producer Is Ramping Up | Arturo Prestamo – Santacruz Silver

Gold Giant Agnico Eagle Makes a Critical Minerals Bet | Avenir Minerals x Fox River

Recommended

Altamira Gold Extends Maria Bonita Porphyry System Westward With 70.6 Metres At 0.51 g/t Hit

Antimony Resources Reports 13.9% Antimony in Latest Drill Core at Bald Hill

Related News

General Motors CEO Mary Barra Remains Focused On EVs

Despite the electric vehicle sector facing headwinds this year, and with other automakers deciding to...

Sunday, March 31, 2024, 09:29:00 AM

General Motors To Build Fourth Battery Plant, Scraps Chevy Bolt EV

General Motors (NYSE: GM) is rather committed to the oncoming demand for electric vehicles, announcing...

Tuesday, April 25, 2023, 11:15:35 AM

Has EV Production Peaked?

Electric vehicle (EV) sales growth in the United States has hit a roadblock as automakers...

Monday, November 6, 2023, 04:19:00 PM

General Motors: Analysts Expect Q2 Revenues Of $30.9 Billion

General Motors (NYSE: GM) will be reporting its second quarter financial results before the market...

Tuesday, August 3, 2021, 03:58:00 PM

GM Down to Two Shifts at Missouri Plant After Employees Stop Showing Up as Coronavirus Fears Mount

As coronavirus cases continue to rise at alarming levels across the US, many Americans have...

Tuesday, July 14, 2020, 07:45:00 PM