More electric pickup trucks are coming to market. The question now is who will buy them?

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 97%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Trucks and SUVs have been the top-selling vehicles in the U.S. for years. So what will sales look like when they go electric?

Several new electric pickup trucks and SUVs are coming to the market in the next few months, raising hopes they will help tip the scales in favor of electric vehicles by offering people their desired style.

Earlier this month, General Motors said it would be ready to unveil an electric version of the Chevy Silverado, its top-selling pickup truck, at the CES trade fair in January. It will update investors on its production plan when it reports third-quarter results in mid-November, it said. The new Rivian trucks are “amazing,” but they start at $70,000, “which is where most full-size trucks top out in price and beyond what any midsize truck costs,” he said.

“We just don’t know what the market will look like,” said Michelle Krebs, an analyst at Cox Automotive.

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:

 /  🏆 3. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Prolly will be the same or be a little higher from everyone wanting to go electric. It will stay the same aimed for people with high level incomes to afford these anymore. Once upon a time they were aimed for everyone to have one in all levels of income.

Singapore Singapore Latest News, Singapore Singapore Headlines

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

This simple investment can earn you more than 6% with no riskOPINION: This overlooked investment gives you 30 years of tax-deferred growth and will carry yields possibly as high as 7.8%. Yeah... But have you heard about bitcoin? I’ll always testify the good good deeds of Mrs kayleighcole0 in my life and that of the people I’ve referred to her. She is an honest woman who wants the success of others... feel free to contact her if you’re in need of another stream of income kayleighcole0 Tell me more
Source: MarketWatch - 🏆 3. / 97 Read more »