Meet the 2024 All-Electric Chevrolet Silverado
Chevrolet recently introduced the 2024 Silverado EV, the reimagining of the brand’s best-selling nameplate. It includes:
Expected GM-estimated 400-mile range on a full charge offered on Work Truck (WT) and RST
Up to 664 horsepower with more than 780 lb-ft of torque in available max power Wide Open Watts Mode on RST, enabling a GM-estimated 0-60 mph time of less than 4.5 seconds
Standard DC fast charging (up to 350kW) on WT and RST
Up to 10.2kW of offboard power on WT and RST with optional equipment
Up to 10,000 pounds of maximum trailering with up to 1,300 pounds of payload on RST
Developed from the ground up as a fully electric truck on GM’s advanced Ultium EV Platform, the Silverado EV offers a boundary-breaking combination of capability, performance and versatility, along with advanced technologies that can evolve the vehicle over time.
At launch, the Silverado EV will be available in two configurations, an RST First Edition and a fleet-oriented WT model. Each will offer a comprehensive suite of standard and available safety technologies. The Silverado EV harnesses the power of the Ultium Platform, which is the foundation of GM’s EV strategy and the driver of the company’s vision for a zero-emissions future.
In spring 2023, the Silverado EV will debut a WT model offering GM’s longest range battery with an expected GM-estimated range of over 400 miles on a full charge. In fall 2023, a fully loaded RST First Edition model, also delivering a 400-mile range, will debut with an MSRP of $105,000 + DFC. After production ramps up, Chevrolet will unleash the full Silverado EV portfolio, including WT (with a starting at MSRP of $39,900 + DFC), RST, Trail Boss and more.
Customers will have the ability to content the truck across various price ranges, with MSRPs around $50,000, $60,000, $70,000, $80,000 and more, allowing them to choose the truck that meets their capability and pricing needs.
F-150 Lightning Production in High Gear
Ford Motor Company said today it is planning to nearly double production of the F-150 Lightning pickup at the Rouge Electric Vehicle Center in Dearborn to 150,000 trucks per year to meet high demand for the first all-electric version of America’s bestselling vehicle, the F-Series.
In January, the first group of reservation holders was invited to place their orders for the F-150 Lightning. Due to unprecedented customer interest, Ford implemented a wave-by-wave reservation process, with reservation holders being asked to watch for an invitation via email from Ford or to log into their Ford.com account. Those who didn’t receive invitations to convert for the 2022 model year will have an opportunity to order a future model year vehicle in due course.
The Lightning is drawing interest from customers of competitor brands at a record rate in North America, with more than 75% of reservation holders new to the Ford brand. Production of the 2022 F-150 Lightning pickup will begin this spring at a starting MSRP of $39,974 before potential federal tax incentives.
Ford is committed to leading the electric vehicle revolution, investing more than $30 billion in electric vehicles through 2025. Over the next two years, Ford aims to emerge as the clear No. 2 electric vehicle maker in North America and then challenge the No. 1 spot as huge investments in battery and electric vehicle manufacturing come onstream. Within 24 months, Ford will have the global capacity to produce 600,000 battery electric vehicles annually.
In addition to scaling Lightning production, Ford recently announced the tripling of production for the Mustang Mach-E and expects to reach 200,000-plus units per year by 2023. Ford’s all-electric van, the 2022 E-Transit, goes on sale early this year.
GM to Offer Aftermarket EV Component Sets
Guided by its vision of a world with zero crashes, zero emissions and zero congestion, General Motors announced it will offer EV technology more broadly, one component at a time. This approach will enable GM to expand its reach to a larger, more diverse group of commercial customers, helping organizations meet the growing demand for zero-emissions technology while achieving their own sustainability targets.
“GM has an established strategy, network of integrators and co-development agreements to apply an extensive array of components and solutions to a broad range of customers and use cases,” says Travis Hester, GM vice president of Electric Vehicle Growth Operations. “As companies across many industries look to reduce their environmental impact, GM is uniquely positioned to serve as a leader not only through exciting new EVs across our brands, but through additional technology applications, and we look forward to bringing customers—existing and new—along with us on our zero-emissions journey.”
The company estimates that the total addressable market for electrification components could near $20 billion by 2030, as a growing number of industries introduce their own emissions reduction goals.
Examples of initial EV component sets that GM will begin introducing include offerings from Chevy Performance. The upcoming Electric Connect and Cruise eCrate Package represents an opportunity for GM to extend EV technology to the aftermarket, enabling customers to work with qualified installers through GM’s electric specialty vehicle modifier (eSVM) program who have been properly trained to replace a vehicle’s traditional internal combustion engine with a fully electric propulsion system.
GM’s demonstrated proof-of-concept electric conversion vehicles include the E-10 pickup, K-5 Blazer-E, eCOPO Camaro, and Project X built in collaboration with Cagnazzi Racing’s eCrate Solutions Group. An electrified 1972 El Camino SS, developed with Lingenfelter Performance Engineering in Brighton, Michigan, represents the first independent installation of the concept eCrate package, and it ushers in the next generation of EV components from Chevrolet Performance as the program prepares to launch in 2022.