share_log

GM Is Aiming For Electric Pickup Leadership

Benzinga ·  Aug 21 09:07

With Sierra joining its EV lineup, General Motors (NYSE:GM)-owned GMC brand is aiming to become a leader in all-electric truck sales in the U.S. The Sierra pickup joins the electric versions of the Hummer, that includes both an SUV and a pickup and the Chevrolet Silverado that has been in dealerships in December. It is the third electric pickup that GM made.

But on its way to the top, the Sierra will have to outsell not only its Hummer sibling and the electric Chevrolet Silverado, but also rivals from Ford Motor (NYSE:F), Rivian Automotive (NASDAQ...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment