GM has 140,000 reservations for the Chevrolet Silverado EV
Chevrolet Silverado EV RST from 2024
GM has promised the Silverado EV will have at least 400 miles of range, new fast-charging capabilities and a four-wheel steering system when it goes into production early next year.
GM is positioning the Silverado EV as a direct rival of Ford engineThe electric F-150 Lightning. Ford had around 200,000 reservations for the F-150 Lightning when it stopped receiving new orders for the truck in December. Lightning production started Tuesday earlier.
GM’s stock was up about 0.7% in after-hour trading. The company reported a decline in first quarter net earnings and profit margin on Tuesday afternoon.