GM's CEO just confirmed that the automaker is planning an electric pickup truck

United States News News

GM's CEO just confirmed that the automaker is planning an electric pickup truck
United States Latest News,United States Headlines
  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

GM's CEO just confirmed that the automaker is planning an electric pickup truck (from motorauthority)

Barra's confirmation also follows failed investment talks with Rivian, an electric-car startup focused on trucks and SUVs. Weeks after talks between GM and Rivian reportedly soured, Ford announced last week it wouldRivian's electric pickup.The most concrete hints about an electric pickup from GM came from GMC vice president Duncan Aldred in January. The GMC boss said an electric truck, as was the potential for an electric SUV.

However, Tim Herrick, the Chevrolet Silverado's executive chief engineer, said at the pickup's debut in 2018 that the latest-generation trucks are future-proof. Although the powertrain lineup does not consist of any electrified options, both the Silverado and Sierra were. Anything from a 48-volt mild-hybrid system to battery-electric powertrains and even hydrogen fuel cells will fit nicely in the light-duty trucks.

Although Barra confirmed the future electric truck, she didn't elaborate on a launch timeframe or any other details. It's likely an electric Silverado or Sierra is still a few years out as GM readies Cadillac to be the automaker's lead electric-car division. Cadillac's first battery-electric vehicle, an unnamed SUV, is slated to launch in or around 2021.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessInsider /  🏆 729. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

DaVita's CEO Kent Thiry to transition to executive chairman after 20 years as CEODaVita's CEO Kent Thiry to transition to executive chairman after 20 years as CEODaVita Inc. said Monday Kent Thiry will step down as chief executive officer, after 20 years in the role, and transition to executive chairman. The kidney care services company said it named Javier Rodriguez, after it has named Javier Rodriguez as its new CEO, effective June 1. Rodriguez was previously CEO of the Kidney Care business since March 2014. DaVita's stock, which was still inactive in premarket trade, has gained 8.1% year to date, while the SPDR Health Care Select Sector ETF has edged up 2.9% and the S&P 500 has climbed 17.3%.
Read more »

GM wanted too much from EV start-up Rivian, opening door for Ford's $500 million investmentGM wanted too much from EV start-up Rivian, opening door for Ford's $500 million investmentFord's investment in electric truck maker Rivian was possible after the start-up's talks with GM broke down about eight weeks ago.
Read more »

GM beats on earnings as Lyft investment pays off and pickups drive profitsGM beats on earnings as Lyft investment pays off and pickups drive profitsGM reported a higher-than-expected quarterly profit, driven mostly by highly lucrative pickup truck sales.
Read more »

GM first-quarter profit beats estimate, lifted by pickups, LyftGM first-quarter profit beats estimate, lifted by pickups, LyftGeneral Motors Co on Tuesday reported a higher-than-expected quarterly profit, d...
Read more »

GM adds 400 jobs in Kentucky to help build a radical new CorvetteGM adds 400 jobs in Kentucky to help build a radical new CorvetteGeneral Motors is planning to build a wild new version of the Corvette — and it plans to hire hundreds of new workers to get the job done.
Read more »

GM will add 400 jobs to its Corvette plant to prepare for a new modelGM will add 400 jobs to its Corvette plant to prepare for a new modelGeneral Motors Co. is adding 400 workers, some of whom will transfer from plants that are at risk of shutting down, to its Chevrolet Corvette factory in Kentucky that’s preparing to produce the next-generation sports car.
Read more »

An auto exec who was ahead of the curve on electric cars explains what he sees as the biggest opportunity in the self-driving industryAn auto exec who was ahead of the curve on electric cars explains what he sees as the biggest opportunity in the self-driving industryFormer GM executive and Fisker Automotive CEO Tony Posawatz has joined the board of startup Renovo, a California-based company.
Read more »

Boeing CEO Says Nothing Went Wrong With Design Of 737 MAX Flight ControlsBoeing CEO Says Nothing Went Wrong With Design Of 737 MAX Flight Controls'We haven’t seen a technical slip or gap in terms of the fundamental design and certification,' Dennis Muilenburg says of an automated system that played a key role in two crashes that killed 346 people.
Read more »

Goldman Sachs CEO says firm reflecting on how it hired, promoted 'a criminal' in 1MDB caseGoldman Sachs CEO says firm reflecting on how it hired, promoted 'a criminal' in 1MDB caseGoldman Sachs chairman and CEO David Solomon said the investment bank is working hard to put the 1Malaysia Development Berhad scandal behind.
Read more »

Softbank CEO Masayoshi Son is Warren Buffett of tech, says Silicon Valley hedge funder Glen KacherSoftbank CEO Masayoshi Son is Warren Buffett of tech, says Silicon Valley hedge funder Glen KacherSilicon Valley hedge fund founder Glen Kacher is bullish on Japan's SoftBank and it's in large part because of its founder and CEO, Masayoshi Son.
Read more »



Render Time: 2025-02-25 05:03:05