General Motors is expanding its electric vehicle offerings to include a battery-driven version of the popular Chevy Silverado pickup truck, revealing the new Silverado EV earlier this year at the 2022 Consumer Electronics Show (CES). Now, General Motors says it has received a whopping 110,000 reservations for the new Silverado EV thus far.
The insight regarding accumulated Silverado EV reservations was released in conjunction with GM’s Q4 2021 earnings report and an open letter to GM shareholders from GM CEO Mary Barra.
“Our next electric pickup will be the Chevrolet Silverado EV. More than 110,000 Silverado EVs are reserved so far, including reservations from more than 240 fleet operators, and the numbers keep growing,” Barra writes.
Reservations for the 2024 Chevy Silverado EV opened January 5th in conjunction with model’s debut. The two trim levels released thus far include the well-appointed RST First Edition and the fleet-focused WT. Prices start at $39,900 for the WT and $105,000 for the RST First Edition.
Based on the EV-centric BT1 architecture, the new Chevy Silverado EV features unique styling both inside and out, with a range-per-charge over 400 miles thanks to GM’s Ultium Battery technology.
The power spec includes a dual-motor e4WD system, rated at a maximum of 664 horsepower and 780 pound-feet of torque in the RST First Edition and 510 horsepower and 615 pound-feet of torque in the WT. Further features include GM’s Adaptive Air Ride suspension and four-wheel steering as standard in RST First Edition models.
The recent shareholders letter also addresses reservations for General Motors’ first all-electric pickup truck, the GMC Hummer EV.
“Customer reaction to the GMC Hummer EV Pickup is overwhelming,” Barra writes. As GM Authority covered previously, General Motors says it has received nearly 59,000 reservations for the new battery-driven Hummer thus far.
The recent announcement of additional EV investments ups GM’s targeted EV production capacity in North America to 1 million units.
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Comments
Electric Avalanche.
I’ve ordered 100k RST’s!
Reservations aren’t preorders. That’s what people don’t understand is GM is touting this as “preorders” but these aren’t bought. If you own GM stock you would be wise to “drop in” a reservation as it boosts your stock for next to nothing. I huge chunk, if not the greater majority of these “reservations” come from this. This is not a gauge of demand.
Jake
No one does that. Most GM investors are long term investors. They would not sabotage the company’s longterm profits for a temporary stock blip.
Everything you think you know is wrong: Manmade climate change is real; Fossil fuels are going away; the vaccines work; and trump lost the election. I suggest you change your news source.
It’s shocking how much these people will keep moving those goalposts so they can pretend the future isn’t coming. I remember these same people saying nobody would buy the electric mustang because Tesla only sells as a status symbol and “real” car buyers have no interest in electric cars… Yet here we are, electric cars from all manufacturers are on the rise.
Dave – Take away the taxpayer incentives and lets see how many they sell. The auto manufactures can produce as many EV’s as they want, but the vast majority of the population will not buy them. The electrical grid won’t be able to handle the influx of these EV’s and the infrastructure for being able to charge these vehicles is not even close to acceptable. All this EV craze is going to do is increase the cost of used gas vehicles. GM will end up scrapping them and go back to gas powered vehicles, once they get out of their second bankruptcy. I remember when the Hybrid was the wave of the future and GM touted the Volt, and their Hybrid Tahoe’s and Silverado’s. How did that work out?
The fossil fuel industry has been receiving tax credits for decades, just going to pretend that’s not the case?
You people really have taught yourselves to believe what you want to be true, instead of looking at the big picture and accepting what is must likely going to happen.
Of course. There’s a reason it’s called the EV cult.
Fortunately my intelligence level is to high to join a cult.
You spelled “too” wrong there, genius.
I used the correct to.
Too = Also.
My Intelligence level is also high to join a cult.
Nice failure on English policing though. I get a chuckle watching a grammar Nazi backfire.
If that’s the case you missed a comma…
Even that’s a stretch
NO. Genius. Too, as in TOO MUCH. TOO shows quantity, TO shows direction.
Can you believe I once had someone “correct” my spelling when I said something like “most cars will lose value” and he said “you misspelled loose”.
omg
too has more than one definition and yours is one of them
Sorry but you’re wrong, Evan. “The computer was too large to fit into the desk.” Look up the definition of the word too and the example given is, “She is too kind.”
It’s funny how the guy that corrected you is also downvoted heavily when he’s correct lmao. The comment sections on vehicle websites never cease to amaze. Average IQ must struggle to get over 25.
People can downvote whatever they please you don’t like it leave or start your own website.
Dave, I wasn’t talking about the manufactures getting incentives, I was talking about the customers getting tax breaks. That will all end.
What’s the difference really? either way it results in an artificially lower price. At least this time it’s going to something that is for the common good of all of society.
USA1
• Dig the Panama Canal – 10 years
• Put a man on the moon – 9 years
• WWII Defeat both Germany and Japan – less than 4 years
We’re Americans! We make miracles happen. Upgrading our electric grid to handle a full fleet of electric vehicles in 20 years will not be a problem.
It would be nice to put the allies in there since you wanna bring up ww2. Your comment reads as if you are claiming the US won the war by itself which isn’t even close to being true. And the 4 year part, america was only involved for 4 years ww2 lasted way longer then that.
Evan
French started building their canal in Nicaragua.
James
The war was over in 4 years because the US got involved. Without US most of Europe would still be speaking German.
and democrat carter gave the canal away…who in their right mind would vote for a dem? the repubs need to grow a pair anf get our coubtry back on track
The Society of Automotive Engineers (SAE) has come out in the last 24 months and stated that Internal Combustion Engines will continue for at least the next 20-30 years PERIOD.
California’s Power Grid is on the verge of collapse TODAY. The CA. Governor asked residents last weekend NOT TO CHARGE THEIR EV’s. These idiots do not understand that the majority of Electricity production comes from Fossil-Fueled Power Plants.
Plus, the ALLEGED 400 mile range between charges won’t come close in High AMBIENT Temperatures of Phoenix, etc. Then on a long trip you have to factor in 2-3 hours of downtime AND THE YET TO BE DETERMINED cost of recharging on the road.
Its sad to see how many illiterate Americans who we have today that cannot see through these falsities.
EV’s should be contained to Golf Courses and Retirement Communities.
If these Idiots were serious about Emissions they’re resurrect the Hydrogen Combustion Engine.
Billy Bob –
All the woke states will have electricity problems with or without EVs…. Supposedly 90% of some evs charge at home overnight – and even if it is as low as 80% (makes sense – since this is the cheapest place to refuel), then evs are BENEFICIAL to the ‘grid’ which, in non-woke states is being constantly modernized. And California in General has TOO much Electricity during Duck Curve hours. Solar output would not need to be curtailed certain hours of the day if there were MORE EVs CHARGING.
Incidentally – why are you worried about ‘Fossil-Fuels’ as if such a thing ACTUALLY existed?
I’d like someone to tell me how many Dinosaurs used to live on Saturn’s Moon Titan, where there enough LAKES of Methane (fossil fuels right? HAHA) to last the earth for around 5,000 years at present ‘high’ consumption rates.
Who knows how much more exists if you actually dug a well for it – but that will never happen since right now it is totally out-in-the-open.
Obviously without resorting to Fairy-Tales – the Methane is the result of natural processes.
Incidentally – in might behoove people to think about where the Phrases they so casually sprout about came from.
“Fossil Fuels” – Rockefellers – to give people the illusion that there is a big shortage, they are just about to run out, and therefore the price must be kept artificially high.
“Conspiracy Theory” – The Central Intelligence Agency – for obvious reasons.
Mr Howland,
Fact; Wind and Solar Power source CANNOT SUSTAIN ANY STATE’S POWER GRID without additional Electrical Generation, (i.e. Nuclear, Hydro-Electric, NG Etc).
How can EV’s be beneficial to a Power Grid, when EV’s will require MORE GENERATION of Electricity from Power Plants? You must have slept through Physics Class.
I must say; Your fantasies are amusing.
There are no taxpayer incentives for GM vehicles.
Ummm fossil fuels aren’t going away.
Wishful thinking doesn’t change reality.
Just ask Europe. They thought they could just dump fossil fuels and now they have an energy crisis.
Nobody said fossil fuels are going away anytime soon, this will likely be 50-100 year transition.
I don’t feel like I need to be alive for the end to understand that it’s the right choice for the health of future generations.
Ah the health of future generations.
Nothing says healthy like cheap plastic filled disposable vehicles with insane complexity that are junked in less than 10 years. Instead of vehicles built with quality and durability in mind like 20 years ago.
Everytime I see an early 2000s GM truck or SUV on the road I smile knowing that person is intelligent and actually cares for the environment.
You’ve never been in a gm car from 20 years ago then. That’s the beginning of their redemption after the 80s and 90s of s#it reliability and materials.
Also electric cars have fast far far less components that can go wrong. They will be easily more reliable and recyclable within a generation.
“Your ignorance about vehicles”…
Hah!
I own 3 ‘heavy’ evs – the oldest of which is a 2014 Cadillac ELR with about 90,000 miles on it with its original brakes. Even though the Dynamic Braking (currently called Regeneration or Recuperation by the Germans) on that particular car is only moderate – even use of the brake pedal causes considerable braking action by the electric motor (only 1 of the 2 involved in the dynamic braking). Inspection is due at the end of May, and it is 50-50 whether the brakes will pass this year…
My other 2 evs have far more aggressive ‘Regen’, and will easily last way over 100,000 miles prior to any brake work being done, simply because even a Brain Dead driver who never intentionally uses the feature – gets dynamic braking anytime they hit the brake pedal. The feature is so EFFECTIVE that – other than emergency braking – I never use the brake pedal – excepting during the winter once a month or so to prevent rusting from lack of use.
The EU is now classifying gas as a “green” energy FYI. It’s because they are killing themselves this winter after they halted just a couple gas turbines and realize you can’t live without energy 🤣
fossil fuels will go away only when there are no more fossil fuels.. i
whomever edits , controls this forum .definitely a left leaning pro-import mindset..
You don’t drive an EV Peter so you are part of the problem. Stop spreading misinformation the vaccines don’t stop the new variants so take your propaganda somewhere else. We all know you are a fake democrat. Using your white privilege every day in Chicago.
Dick
70% of Illinois is vaccinated
90% of people in our hospitals because of Covid are unvaccinated
Proving the vaccines work.
Except they have no clue if they work for the variants lol. Must be nice living that little life of yours using your white privilege every day.
He is confusing GM investors with Tesla investors.
Jake, you are negative on majority of your posts toward GM, to be objective on any subject, most will know that on every issue, there are always 2 side to each subject, you always presented your negative side, and you will not get respected by the readers on this site. Just saying
Lol respect by readers on this site. This is the internet people can say what they want. And if you come here looking for respect that’s pitiful. Do you seek the approval of complete strangers you don’t know and will never meet a lot or just on here?
Most of the reservations are dealer orders.
GM’s reservation system goes through dealerships. Doesn’t change who’s reserving these things.
Ford’s are the same way.
“Europe Plans to Say Nuclear Power and Natural Gas Are Green Investments”
Fossil fuels are coming back, labeled as green.
Jim
The European Commission classifies Natural Gas and Nuclear as transitional fuels.
I wish 110 thousand people that got a reservation for this would give me one dollar each so I could buy one of these. But I would charge it down the drive away from my house😀
Everyone is right.
It makes me smile knowing how many people waste there time arguing online. I especially love the one where grammar was corrected….
And now I’ve lost 3 minutes of my life reading this nonsense and commenting.
Time to go read how awesome and horrible the world is today so I can call myself smart.
So what you’re saying is, you’re here for the same reason we are.
Exactly!
All of these negative comments remind me what I read about the arrival of the first gasoline powered automobile. Horse owners said the same thing you guys are saying now. Horses are not gone, but are reduced to pets and race animals to bet on, almost obsolete. Same will happen to the gasoline automobile by 2050.
Hobzac62… I don’t agree online I will just go out and buy what I want EV or ICE for now…in the future like 10 years from now I will worry about EV vehicles taking over ICE powered vehicles. Remember over a hundred years ago people said “you can’t replace the horse with the horseless carriage”…. Look how that turned out! Technology won!
Dennis I see your point in EV’s being expensive and out of reach for most people… But most people can’t afford a brand new ICE Tahoe, Yukon, Escalade, Expedition, Navigator, Land cruiser,4 runner… All in my eyes are overpriced yuppie mobiles that shouldn’t cost nearly as much as the car companies are selling them for! And the tax as you drive for eight cents a mile will not go towards fixing to the roads that’s like the bridges and tolls in NYC where the money goes on greedy politicians pockets instead of fixing the roadway infastructure… This is happening all over the country as well. I don’t think EV vehicles are going to take over ICE anytime soon either… First of all it’s still new technology without all the bugs worked out, second the car companies can’t build these things fast enough every time they come out with an EV it’s like a Hollywood block buster “it’s years in the making”, third how do you trade in an EV I mean what do you say about ten year old batteries?, Fourth until these EV vehicles become $20,000-$40,000 thousand dollar vehicles the average Joe and Sally can’t afford one. On a final note I guarantee this is also political if politics change in the future who knows what will be EV or ICE? Or Both!
Well what I see on tv if they let you keep ice vehicle who knows what the crazy mob will do to you. Especially if water rises. I bought my first new car in 09 and I can see it lasting me easy 5 more years and maybe 10. So if I were to trade it in, in the next few years let’s say by 2025 I could have it rolling down the road for me still by 2040. So when you say ice will be around for a while some people buy a car for it to last. The world has become a crazy place very quickly
I will stay with my Yukon Denali and all the good features. Expensive yes, but it is tax deductible for me and my business.
On another note: I cannot say enough good things about GM and their warranty service. I developed a shutter in the car at certain speeds and 7000 miles. GM replaced the transmission fluid and a valve, a torque converter and finally the entire transmission and nothing stopped the shudder. They sent an engineer from Detroit and he found the problem. It was a simple electro-magnet that controlled the shifting points. They changed it and everything works like it should. They had even agreed to replace the car if I wanted. The customer service representative and the district manager were in contact with me all the way as well as the service manager at Johnson Motor Company of South Carolina in Granitville, SC. Exceptional service by all involved.
Why reply negative with a down thumb on something good.
This is America we can downvote whatever we want. You don’t like it leave
Hey Frank vote like you want because I respect your right to do that. I was just saying something good about someone that was good to me and I feel good about that.
Every time we fuel up we pay a hi way use tax. This tax pays for hi way maintenance , how are the new EV’s going to pay for hi way use? In fact our roads will probably require some sort of design change for these new vehicles, our current fuel tax will likely be used for that, taking away funds for ongoing hi way maintenance. I have not heard of any one addressing that, it could get messy.
Most states have implemented an additional fee when registering an EV to compensate for loss of the gas taxes, and in many the fee turns out to be more than would be paid in gas taxes, so, you’re sadly misinformed.
All I’ll say is EV’s are not slated to get cheaper with the current rate of things. EV’s require an immense amount of copper, and given even used electric motors go for more than 10k, there is no way you will make an EV that is cheap when many of these have 2-3 of these motors. Energy costs going up will just make things worse as the cost of copper is all in the energy needed to smelt and refine it. Currently one half of America doesn’t want to build more powerplants, the other wants to stick with oil
GM is stuck in the middle as the 5 fed banks are now requiring an environmental and socially credit score to be eligible for business loans.
Absolutely not. What a waste of time and material bet it shorts out launching a boat and when you pull it out do you have to turn the radio down to get enough power?
I don’t understand all the negative comments here… GM finally has a product that SELLS ITSELF, and is substantially made in the USA… Ultium motor parts will be made here locally in Lockport (Buffalo Area), New York. What is not to like? ICE vehicles will still be the record sales leaders, so there is nothing for ICE ONLY drivers to worry about… If they don’t mind paying for refueling they can drive their ICE vehicles to their heart’s content.
The interesting thing I find is that people usually have little – to – No interest in EVs, until gasoline and diesel prices start rising… Then seemingly EVERYONE talks about driving a Hybrid or EV.
Bill. I think they may be jealous.
Thanks for all the down thumbs. Must have hit a nerve with some.
Yeah Billy – seems as though the more intelligent the comment the more down votes it gets.
Watch out. Peter g will say you have white privlage if you say you are Republican. Never mind that my wife and I have worked 52 years for what we have and glad to still be at the same job.