General Motors Co. is kicking off production of the Chevrolet Silverado EV with some upgraded specs for the coming truck, and a higher price for the base model.
GM had pegged the starting price of the lowest-trim Work Truck at $39,900 when it announced the electric pickup last year but said Monday the vehicle, slated to become available next year, will see an unspecified price increase.
"A lot has changed in the last year and a half, a lot of economic and industry pressure, we are going to increase that price," said Amy Masica, head of Chevrolet truck marketing, during a media event. "However, I'm going to guarantee that it's going to have more range than the competitors and we're going to be competitively priced."
