Have you heard the news? Chevrolet is making waves in the truck world with the all-new Chevy Silverado EV that promises to deliver everything we love about the Silverado in electric form. The Silverado EV is part of General Motors’ promise to deliver over one million electric vehicles around the world by 2025 to lead the EV market in North America. That goal will make a world of difference in the automotive industry and is part of why we’re thrilled to be your Staten Island Chevy dealer as we help you drive into the future!
With the news of the Silverado EV still fairly fresh, there’s a lot of speculation around the truck, especially since details are scarce. One of the biggest questions our customers have is, “Will the Silverado EV live up to Chevy’s reputation for innovation and reliability?” Another great question is, “Will the Silverado EV share the same details of the gas-powered Silverado that we already love?” Everything we know points to a resounding “yes” as we take a closer look at the Silverado EV and what you can expect from one of the most highly anticipated trucks to hit the road in the near future!
#1 Expect the Silverado EV to Raise the Stakes
Set to compete with upcoming models like the all-electric Ford F-150, the Silverado EV is already raising the stakes in the EV market, and it’s not yet built. GM’s goal to lead the North American EV industry is one the automaker isn’t taking lightly, and it shows with the announcement of the Silverado EV. In fact, the company invested $2.2 billion in its Factory ZERO assembly plant in Detroit and Hamtramck, Michigan, with the goal of changing the world.
With the Silverado EV slotted to be built at Factory ZERO alongside the all-new GMC Hummer EV, there’s no question that the stakes are high, and GM means business. GM’s investment means that you can expect even more innovation from the Silverado EV. How so? GM’s investment goes toward equipping the facility, which extends over 4.5 million square feet, with the most advanced technology available to achieve GM’s goal of a future where there is zero congestion, zero emissions, and zero crashes.
#2 Expect Plenty of Power in the Silverado EV
Since the Silverado EV will be built alongside GMC’s Hummer EV, there’s a good chance that the models will share a powertrain lineup. Industry experts speculate that this lineup will give owners the choice of up to three different electric motors, the most powerful combination of which could potentially deliver up to 1,000 horsepower. This level of power will make the Silverado EV incredibly responsive and fun to drive, while its standard all-wheel drive will make it even more capable.
#3 Expect the Silverado EV to Go Far
Do you remember when EVs were a novelty, and we thought a 30-mile driving range was impressive? The all-new Silverado EV and its 400-mile driving range on a single charge is proof that technology is advancing. This impressive range comes from GM’s exclusive Ultium battery technology, which turned heads in 2020 when the automotive world realized the 200-kWh battery offered a capacity twice as much as a Tesla. GM’s plan to lead the EV market is certainly getting off to a good start, isn’t it?
The Ultium battery will offer capacities from 50-kWh to 200-kWh, the latter of which will likely be found in the Silverado EV. What’s even better is that the battery will no longer come at a premium, which is thanks to GM’s collaboration with LG Chem to reduce battery costs. This means that affordability and performance are no longer mutually exclusive when it comes to trucks like the Silverado EV. That alone is a game-changer in the EV market.
#4 Expect Affordable Options in the Silverado EV Lineup
GM’s mission to lead the EV market means making EVs more affordable for everyone. We see this from GM’s partnership with LG Chem to reduce the cost of batteries, which are notoriously expensive and lead many to shy away from purchasing an EV. With GM lowering the cost of its Ultium batteries, the benefits trickle down to owners, with the Silverado EV projected to be remarkably affordable across its lineup.
While GM hasn’t released any official pricing or specs on the Silverado EV trims, that hasn’t stopped industry experts from estimating the cost. We know that the Silverado EV will be offered as a fleet vehicle in a bare-bones Work Truck trim, which experts anticipate will run around $50,000. From there, the Silverado EV LV could run around $55,000, with the LTX priced around $65,000 and the High Country around $70,000. These estimated prices are impressive considering the advanced technology and capability that come with the electric truck.
#5 Expect Plenty of Tech and Convenience Features
You can expect the Silverado EV to come fully loaded with a variety of tech, convenience, and safety features that will make you feel like a king or queen as you drive into the future. While the model is projected to make its official debut in 2023 or 2024, this means that Chevy and GM have plenty of time to develop even better infotainment and connectivity features to keep you connected when you’re behind the wheel. After all, there’s something remarkable about navigating the road from a fully digital cockpit customized to your needs.
We also expect the Silverado EV to offer the latest safety and driver-assistance features. With the vast improvements to these tools over the last few years alone, this could mean big advancements by the time we see the Silverado EV hit the road. Of course, one thing will remain the same, and that’s Chevy’s commitment to empowering you behind the wheel to get you safely to your destination and back home.
#6 Expect Peace of Mind With Your Purchase
One of the great benefits of shopping with Chevy is the automaker’s commitment to giving you peace of mind with every purchase, whether you buy a new, certified pre-owned, or used model. You can expect this same confidence when you purchase a Silverado EV since we project that Chevy will continue offering exceptional coverage on its electric and hybrid lineup. How do we know?
Chevy’s top-selling electric models like the Bolt come with a Bumper-to-Bumper Limited Warranty as well as an Electric and Hybrid Warranty, which is what we expect to find on the Silverado EV. The Bumper-to-Bumper Limited Warranty provides coverage for the first three years or 36,000 miles. The Electric and Hybrid Warranty extends this peace of mind by covering certain components for eight years or 100,000 miles. Since electrical components can be expensive to repair or replace, this type of coverage is significant.
…And Now We Wait
Are you as excited as we are about the upcoming Silverado EV? GM’s determination to lead the EV market comes with a remarkable investment in the future as the automaker promises to debut 30 new electric vehicles by 2025. Our customers will reap the benefits as GM sets out to make EVs like the Silverado EV more affordable and more capable than ever before. That’s part of what makes it so hard to wait for a truck like the Silverado EV that will put us on the road to an all-electric future.