Bullet points of GMC expects to outsell its electric truck competitors as it launches new Sierra pickup
- GMC's new electric Sierra pickup truck aims to become the leader in all-electric truck sales in the US, with a starting price of around $100,000 for the 'Edition 1' model.
- The Sierra EV joins GMC's electric Hummer lineup, with the automaker expecting it to become its top-selling EV model as lower-priced variants become available next year.
- GMC's global vice president, Duncan Aldred, believes the Sierra EV is a unique offering in the market, citing internal data that shows 80% of GMC's reservation holders for the Sierra previously owned non-GMC vehicles.
- The Sierra EV has an EPA-rated range of 440 miles and offers up to 754 horsepower and 785 pound-feet of torque, making it a competitor to the Tesla Cybertruck and Ford F-150 Lightning.
- The truck has a unique feature called 'midgate,' which allows the back seats to fold down and the back glass to come out, creating a nearly 11-foot-long truck bed and large cargo area.
- GMC's Denali models, including the Sierra EV, have grown in popularity, with about 34% of GMC's retail sales now being Denali models, up from 18% a decade ago.
- The Sierra EV is expected to continue to help GMC maintain its pricing power and reputation as a premium truck brand, with the automaker aiming to be the retail leader in the electric vehicle truck space.
cnbc.com_2 / CNBC Business by Layer3.news
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2024-08-20 15:06:25
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2024-08-20 15:06:25Event JSON
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"content": "Bullet points of GMC expects to outsell its electric truck competitors as it launches new Sierra pickup\n- GMC's new electric Sierra pickup truck aims to become the leader in all-electric truck sales in the US, with a starting price of around $100,000 for the 'Edition 1' model.\n- The Sierra EV joins GMC's electric Hummer lineup, with the automaker expecting it to become its top-selling EV model as lower-priced variants become available next year.\n- GMC's global vice president, Duncan Aldred, believes the Sierra EV is a unique offering in the market, citing internal data that shows 80% of GMC's reservation holders for the Sierra previously owned non-GMC vehicles.\n- The Sierra EV has an EPA-rated range of 440 miles and offers up to 754 horsepower and 785 pound-feet of torque, making it a competitor to the Tesla Cybertruck and Ford F-150 Lightning.\n- The truck has a unique feature called 'midgate,' which allows the back seats to fold down and the back glass to come out, creating a nearly 11-foot-long truck bed and large cargo area.\n- GMC's Denali models, including the Sierra EV, have grown in popularity, with about 34% of GMC's retail sales now being Denali models, up from 18% a decade ago.\n- The Sierra EV is expected to continue to help GMC maintain its pricing power and reputation as a premium truck brand, with the automaker aiming to be the retail leader in the electric vehicle truck space.\n",
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