Chevy Silverado EV Pickup Gets 450 Mile EPA Rated Range
Portfolio Pulse from Benzinga EV Insights
General Motors' 2024 Chevrolet Silverado EV Work Truck boasts an EPA-estimated range of 450 miles, surpassing competitors like Rivian R1T and Ford F-150 Lightning Pro. The Silverado EV WT will launch in spring 2024, with a lower-range variant offering 350 miles.
May 19, 2023 | 7:54 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Ford's F-150 Lightning Pro lags behind GM's Chevrolet Silverado EV Work Truck in range, potentially affecting Ford's competitiveness in the electric vehicle market.
The Chevrolet Silverado EV Work Truck's superior range compared to Ford's F-150 Lightning Pro could lead to a shift in consumer preference and market share, potentially having a short-term negative impact on Ford's stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
Tesla's Cybertruck has not yet been officially confirmed or EPA tested, making it difficult to compare its range to GM's Chevrolet Silverado EV Work Truck.
Since the Tesla Cybertruck's range has not been officially confirmed or EPA tested, it is difficult to determine its competitiveness compared to the Chevrolet Silverado EV Work Truck. As a result, the short-term impact on Tesla's stock price is neutral.
CONFIDENCE 60
IMPORTANCE 40
RELEVANCE 25
POSITIVE IMPACT
GM's Chevrolet Silverado EV Work Truck surpasses competitors with a 450-mile range, potentially boosting the company's position in the electric vehicle market.
The Chevrolet Silverado EV Work Truck's impressive range surpasses its competitors, which could lead to increased demand and market share for GM in the electric vehicle sector. This positive news is likely to have a short-term positive impact on GM's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100