General Motors to deliver Hummer electric pickups starting December

By Akshay Kedari  | Date: 2021-11-25

General Motors to deliver Hummer electric pickups starting December
  • Edition 1 model of Hummer pickup accounted for 80% of the total reservation.
  • The EV pickup truck boasts a driving range of 329 miles.

Automotive giant General Motors Co will reportedly start the delivery of its GMC hummer EV from December onwards.

Duncan Aldred, the U.S. Vice President of Buick-GMC sales, was quoted saying that the Edition 1 variant will offer a driving range of 329 miles. The company is introducing Hummer with that model with an initial price of more than USD 100,000, and other similar models with a high driving range at slightly lower prices are scheduled for launch in 2023, he added.

Aldred further stated that the Edition 1 model of the hummer pickup accounted for 80% of the total reservations. Almost half of more than 125,0000 people who wanted to buy the vehicle have deposited USD 100 to reserve the EV truck.

In this context, GM officials stated that the firm has already reached the targeted sales of its electric pickup trucks for the first year.

It is worth mentioning that General Motors had exhibited the EV when US President Joe Biden visited the Detroit-Hamtramck plant, “Factory zero”, last week.  Interestingly, this pickup model was developed in 18 months.

Notably, the GMC hummer SUV, launching in 2023, is expected to become a major seller among the Hummer vehicle range. It is likely to be accounted for 60% of the total sales, as per Aldred.

The Hummer EV will initially compete with the electric pickup truck developed by Rivian Automotive, Inc. However, the competition will start to heat as Ford Motor Co is set to unveil its electric F150 Lightning in 2022. Whereas EV leader Tesla Inc is constructing a manufacturing unit in Austin, Texas, that will assemble the company’s futuristic cybertruck.

Source Credits-

https://money.usnews.com/investing/news/articles/2021-11-23/gm-to-begin-hummer-electric-pickup-deliveries-in-december

About Author

Akshay Kedari     aeresearch.net

Akshay Kedari

A qualified computer engineering graduate, Akshay Kedari takes pride in having his way with words. Following his passion for content creation, he writes insightful pieces on aeresearch.net and a few other portals. Also endorsed with a short-term experience in web deve...

Read More >>

More News By Akshay Kedari

Federal Reserve increases interest rates amidst US banks’ failure

Federal Reserve increases interest rates amidst US banks’ failure

By Akshay Kedari

Despite the instability in the global financial market, the U.S. central bank has hiked its interest rates once again. The Federal Reserve has reportedly increased its rate by 0.25 percentage points. While the institution has warned other banks that ...

Apple delays employee bonuses, stops hiring amid cost-cutting efforts

Apple delays employee bonuses, stops hiring amid cost-cutting efforts

By Akshay Kedari

Apple has reportedly decided to delay the bonuses of certain divisions, alongside a halt on new hiring as part of its efforts to cut back costs. With this move, the firm joins its peers in Silicon Valley in trying to optimize workload during tough ti...

China focuses on growth of renewable energy usage amid coal boom

China focuses on growth of renewable energy usage amid coal boom

By Akshay Kedari

China is making rapid progress in limiting the emission of carbon by focusing on the expansion of renewable energy. According to the Global Energy Monitor, in 2022, China has approved its highest number of new coal-fired plants since 2015. This ha...

China factories expand production, record fastest pace in the decade

China factories expand production, record fastest pace in the decade

By Akshay Kedari

China’s manufacturing activity has reportedly shown rapid growth at the fastest pace of the decade, following the lifting of the COVID-19 restrictions in late 2022. The country’s official purchasing managers’ index (PMI) rose to 52....

Amazon employees sound off on recent work from office policy

Amazon employees sound off on recent work from office policy

By Akshay Kedari

Amazon employees have reportedly expressed disagreement about the company recent mandates asking employees to return to office for work. This included the spamming of an internal website with messages of opposition against the new policy. An inter...