Back in February, GM revealed that it had racked up an impressive 110,000 reservations for the 2024 Chevy Silverado EV. That number has now grown to over 150,000 reservations, the automaker confirmed in its Q2 2022 earnings report, signalling strong demand for the automaker’s first battery-electric pickup truck.
GM’s Q2 earning report confirmed the Chevy Silverado EV has 150,00 reservations “and growing,” with 65 percent of those orders being from so-called “conquest,” customers, which refers to buyers that have never purchased or owned a Chevy vehicle in the past. The electrified Silverado is also attracting buyers from different parts of the country, with 70 percent of reservations coming from customers that live on either the east or west coast.
Some of these reservations are of course coming from fleet operators, as the first Chevy Silverado EV model to hit the market will be the entry-level Work Truck (WT) trim level. Barra said in February that it has received orders from around 240 individual fleet operators. The second Silverado EV trim level to arrive will be the sporty RST First Edition, followed by other trim levels like the off-road-ready Trail Boss.
Prices for the 2024 Chevy Silverado EV start at a reasonable $39,900 for the WT, however adding options can quickly drive the price of the vehicle up, with the loaded RST First Edition model priced from $105,000. The Silverado EV taps GM’s dedicated BT1 architecture, with WT models featuring a dual-motor powertrain good for 510 horsepower and 615 pound-feet of torque. The RST First Edition is more powerful, producing an impressive 664 horsepower and 780 pound-feet of torque.
While GM is likely pleased with the number of reservations that it has received for the 2024 Chevy Silverado EV thus far, the automaker won’t be counting its chickens before they hatch. A recent study conducted by Recurrent indicated that only a small percentage of Silverado EV reservation holders intend to actually purchase the vehicle, with many of these individuals being speculators that are holding reservations for multiple future EV models.