A new electric truck priced below $40,000 may be nothing but a no-tailpipe dream.
All indications are that with raw materials and labor price increases, and inflation, prices for electric pickups will stay high for the near future, causing those models to cost considerably more than their gasoline- and diesel-powered counterparts.F-150 Lightning, the first mass-produced electric pickup truck, went on sale in 2022. Its base Lightning Pro model cost $39,974 at that time.
Ford has said on multiple occasions that,"current material costs, market factors, and supply chain constraints," are responsible for the price increases, something the rest of the industry is also dealing with. Despite the raises, that still may be the least expensive price the public will see on a full-size electric pickup truck for quite some time, if ever.
When Chevrolet announced the Silverado EV in January 2022, it promised a basic Work Truck for less than $40,000. When the Detroit-based automaker released its official pricing in June, 17 months later, the Silverado EV Work Truck was listed at $79,800. There will be less expensive versions coming later, Chevy says, but not before the $106,895 Silverado EV RST First Edition, coming this fall as the first version of the truck produced for customers. The company made no promises on hitting certain price points."These prices just reflect the fact that electric vehicles are already more expensive, and that batteries are a part of it.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
He Was Once China’s Richest Man. Then He Lost $40 Billion.Wang Jianlin spent millions upon millions on art, a football club, and a profligate son. Now his empire is sagging under debt.
Read more »
White House announces $40 billion in broadband fundingStates will receive at least $100 million
Read more »
Camp Snap is a $40 Point-and-Shoot Digital Camera for KidsTo help kids 'stay in the moment,' the $40 Camp Snap Camera ditches a built-in display and has extremely basic controls and features.
Read more »
Biden announces how $40 billion for high-speed internet will be used, as he pitches 'Bidenomics'President Joe Biden on Monday announced how $42.5 billion from the bipartisan infrastructure law will expand high-speed internet access.
Read more »
Biden Announces $40 Billion For High-Speed Internet Access: How The White House Is Pushing ‘Bidenomics’The White House announced a new $42 billion investment in high-speed internet access Monday as part of its “Bidenomics” campaign.
Read more »