General Motors is determined to be a competitor in the electric vehicle space. The automaker has produced several new electric vehicle nameplates. GM hasn’t sold as many electric vehicles as Ford. It certainly hasn’t sold as many electric vehicles as Tesla. The year 2023 could be the perfect opportunity for General Motors to close the gap between itself and other brands in the EV space.
The Chevrolet Silverado EV has a very important role to play
The Chevrolet Silverado EV will be the first all-electric Chevy pickup. The Silverado EV will compete with existing electric trucks like the Ford F-150 Lightning, Rivian R1T and Lordstown Endurance. It’s not the first to market, but like the electric trucks that came before the Silverado EV, it has the potential to be the most impressive.
Until now, electric pickup trucks have been incredibly difficult to purchase due to their affordability and availability. The order banks for the F-150 Lightning filled up quickly. Now the last model year of the F-150 Lightning is significantly more expensive. The Rivian R1T Launch Edition started at $85,000. Lordstown’s electric pickup truck, the Endurance, starts at around $65,000.
Therefore, many of the electric pickup trucks that are actually available are not affordable. The Tesla Cybertruck has already been delayed three times. electric claims drivers have already placed 1.5 million Cybertruck pre-orders. This makes the arrival of the Silverado EV even more exciting because it has the potential to be America’s first readily available and affordable electric pickup truck.
Will the Chevy Silverado EV become the most popular electric pickup truck?
Chevrolet may not produce the most popular full-size pickup truck, but it may produce the most popular electric pickup truck in the future. The Silverado EV could fill a huge gap in the market.
Chevy’s website states that the Silverado EV has an estimated MSRP of $39,900. If the US automaker doesn’t change this price, then the Silverado EV WT will be the most affordable electric pickup on the market when it arrives.
According to the GM Authority, a study found that a large percentage of Silverado EV reservation holders don’t actually plan to buy the electric truck when they get the chance. So if thousands of reservation holders don’t buy the electric truck, it should be much easier to buy than the rivals.
An affordable electric pickup that can be simplistically purchased seems too good to be true to many American drivers. GM has every incentive to make that dream of becoming more competitive in the EV space a reality. Chevrolet’s Bolt and Bolt EUV are two of the most reasonably priced electric vehicles on the market. An affordable electric pickup truck wouldn’t deviate from GM’s game plan based on Bolt and Bolt EUV pricing.
Chevrolet’s electric pickup truck should have an amazing year
The base model Chevy Silverado EV WT is expected to arrive in spring 2023. The impressive RST version should arrive in fall 2023. GM’s electric pickup truck should have a big year because it’s available in an affordable trim level for the most American drivers. Affordability and availability can make this Chevy pickup the most popular electric pickup on the market by far.