Why Nobody’s Buying the Chevy Silverado EV: A Truck Enthusiast’s Dilemma


Source: Tim De Chant / techcrunch.com

A Truck Enthusiast’s Dilemma: Why Nobody’s Buying the Chevy Silverado EV

As a self-proclaimed truck enthusiast, I was excited to spend a day driving the Chevrolet Silverado EV in Detroit. With its massive bed, cavernous frunk, and quiet cabin, this electric pickup truck seemed like the perfect combination of power and practicality. But despite its impressive features, the Silverado EV hasn’t exactly been flying out of showrooms. In fact, GM sold only about 14,000 units in the U.S. and Canada last year, a far cry from the 140,000 fossil fuel-powered Silverados sold in a single quarter.

Why Nobody's Buying the Chevy Silverado EV: A Truck Enthusiast's Dilemma
Source: techcrunch.com

The Silverado EV: A First-Hand Impression

So what makes the Silverado EV so appealing, and yet so elusive to buyers? As I spent more time driving the truck, I realized that its unique blend of power and efficiency was both a blessing and a curse. The 205 kilowatt-hour battery pack sitting midships is a game-changer, providing an estimated 410 miles of range on a full charge. But it’s not just the battery that makes this truck special – it’s the entire package.

Why Nobody's Buying the Chevy Silverado EV: A Truck Enthusiast's Dilemma
Source: techcrunch.com

The Silverado EV’s massive bed is perfect for hauling heavy loads, and the frunk (front trunk) is cavernous enough to fit a small fridge. The back seat has plenty of room for passengers, and the cabin is quiet and comfortable. The Google-powered infotainment system is crisp and clear, with volume and temperature knobs and some HVAC buttons below the vents. And with Super Cruise, GM’s hands-free driving option, you can navigate the freeway without a finger on the steering wheel.

Why Nobody's Buying the Chevy Silverado EV: A Truck Enthusiast's Dilemma
Source: techcrunch.com

But despite its impressive features, the Silverado EV has been slow to sell. Some observers have blamed its high price, but I’m doubtful. Full-size pickup buyers are willing to shell out an average of $66,000, just $5,000 shy of the list price of a Silverado EV LT Extended Range. And with a towing range that’s 60% shorter, you’d think that would be a deal-breaker. But it’s not.

The real issue may be inertia – the tendency for truck owners to stick with what they know and love, even when it comes to electric vehicles. With the vast majority of full-size truck owners towing at most once per year, it’s hard to see why they wouldn’t make the switch to an electric pickup. But despite its many advantages, the Silverado EV remains a niche product, and one that’s struggling to find its footing in the market.

The Future of Electric Trucks

So what does the future hold for electric trucks? With GM’s plans to introduce an entirely new battery chemistry, lithium-manganese-rich (LMR), that will slash costs by about $6,000 while preserving the range, the Silverado EV may yet find its footing in the market. And with the growing demand for electric vehicles, it’s likely that we’ll see more and more electric trucks hitting the road in the coming years.

But for now, the Silverado EV remains a curiosity – a truck that’s both impressive and elusive, a true enigma of the automotive world. And as a truck enthusiast, I can only hope that it finds its place in the market sooner rather than later.

Some potential buyers may be deterred by the Silverado EV’s high price, but it’s worth noting that full-size pickup buyers are willing to shell out an average of $66,000. The towing range may be a concern, but it’s not a deal-breaker for most truck owners. And with the growing demand for electric vehicles, it’s likely that the Silverado EV will find its footing in the market eventually.

With its impressive features and unique blend of power and efficiency, the Silverado EV is a true game-changer in the world of electric trucks. And while it may not be flying out of showrooms just yet, it’s definitely worth keeping an eye on.