Following in the footsteps of the Chevrolet Silverado EV, the new GMC Sierra EV is a full-size, all-electric pickup truck with a unibody design and a structurally integrated Ultium battery. It also follows in the footsteps of the GMC Hummer EV by launching its most expensive version, which is the Denali Edition 1. The MSRP is $107,000, but goes up to $108,695 with the destination charge of $1,695 included.
To be frank, it’s the most expensive GMC Sierra ever, but that’s not unexpected. The Chevrolet Silverado EV RST is priced at $106,695, which represents Chevy’s top-of-the-line model. The GMC Hummer EV debuted in 2020 at $112,595, so the Sierra EV is positioned as you’d expect – a little more than Chevy, but a little less than the flagship truck which in this case is the Hummer . Outside of the GM family, the four-engine Rivian R1T Adventure with the Big Battery and the Ford F-150 Lightning Platinum are about $10,000 less, before options.
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It is important to remember that we are talking about high-end models here. Cheaper versions of the Sierra EV are coming, with GMC offering a general estimate of $50,000 to start. The automaker has yet to announce what this trim will be or when it will arrive, so specific pricing on the lower end is not available. It will likely be similar to the Chevrolet Silverado EV WT, which will go on sale in the spring of 2023 at $41,595. It is, in theory, anyway. Ongoing supply chain issues and chip shortages have led to price increases from Ford and Rivian for their electric trucks.
Here’s a quick comparison of prices as they currently stand. We will add updates when detailed pricing becomes available for other GMC Sierra EV trim levels. Note that these numbers are subject to change, as some of these models are still a year or two away from production.
| Model / Trim | MSRP |
| 2024 GMC Sierra EV Denali Edition 1 | $108,695 |
| 2025 GMC Sierra Electric (Base) | $50,000 (estimate) |
| 2024 Chevrolet Silverado RST | $106,695 |
| 2024 Chevrolet Silverado WT | $41,595 |
| 2022 GMC Hummer EV Edition 1 | $112,995 |
| 2024 GMC Hummer EV2 (base) | $79,995 |
| 2023 Ford F-150 Lightning Platinum | $98,669 |
| 2023 Ford F-150 Lightning Pro | $53,769 |
| 2022 Rivian R1T Adventure Quad Motor Max Range | $97,000 (estimate) |
| 2022 Rivian R1T Adventure Twin Motor Standard Range | $73,000 |
The 2024 Sierra EV Denali Edition 1 develops 754 horsepower and 785 pound-feet of torque in a twin-motor configuration. GMC says it can hit 60 mph in about 4.5 seconds in Max Power mode, and can go 400 miles on a single charge. It’s capable of fast charging, adding 100 miles of range in 10 minutes with a 350kW charger. And yes, it has four-wheel steering with crab-steering capability like the Hummer EV.
The Sierra EV Denali Edition won’t reach dealerships until early 2024. The Sierra EV AT4 and Elevation trim levels will follow for the 2025 model year.
