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GM has 140,000 reservations for Chevrolet Silverado EV

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2024 Chevrolet Silverado EV RST

GM

General MotorsCEO Mary Barra stated that there have been about 140,000 reservation for the upcoming Chevrolet Silverado Electric pickup. first-quarter earnings presentationTomorrow is Tuesday.

GM promises that Silverado EV’s range will be at least 400 miles, with new fast-charging abilities and a four-wheel steering mechanism when it enters production in early 2019.

GM positions the Silverado EV to be a direct competitor. Ford MotorThe electric F-150 Lightning. Ford had approximately 200,000 F-150 Lightning reservations when it stopped accepting new orders in December. Lightning production began earlier Tuesday.   

After-hours trading saw GM shares rise by 0.7% According to Tuesday’s report, net earnings declined and the profit margin fell in its first quarter.

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