The GMC Sierra Denali EV gets a significant price cut before it even goes on sale

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The GMC Sierra Denali EV gets a significant price cut before it even goes on sale


The GMC Sierra Denali EV debuted in October 2022, and according to the original press release, its starting MSRP was $108,695 including destination. This was the top-of-the-line Edition 1 version, featuring a twin-motor powertrain with 754 horsepower and a range of 400 miles. It was supposed to go on sale in early 2024, but things have changed since then, largely for the better.

It starts with that price, which is now $99,495. A GMC spokesperson told us that the original six-figure price was actually just an estimate, which has now been revised downward for the final product. Destination charges are also included, meaning the Edition 1 is officially a five-figure truck. Specific reasons for this change weren’t given, but it’s no secret that the electric vehicle landscape has changed in the 18 months since the Sierra EV was revealed. Ford has cut prices and production of the F-150 Lightning, and the Cybertruck is also finally in the mix, at a significantly reduced price. upper than was initially promised.

GMC also promises more capabilities for the Sierra EV. Range estimates for the Edition 1 version go up to 440 miles, a 10 percent increase from the first figure. It’s worth noting that the range is an estimate of General Motors’ numbers versus the EPA’s numbers, but it’s considerably better than the F-150 Lightning and Cybertruck, and it also beats the Rivian R1T. GMC cites “optimization of the GM Ultium platform” as the basis for this increase.

The Sierra EV Denali Edition 1 will launch with an estimated maximum towing capacity of 10,000 pounds and a cargo capacity of 1,450 pounds, also exceeding launch estimates. Exercising the truck in this way will certainly affect range, but GMC reminds us that the Sierra EV can fast charge up to 350 kW, regaining 100 miles of range in 10 minutes.

The only bad news is the delivery time of the Sierra EV. Instead of early 2024, customers will begin receiving their Edition 1 trucks over the summer. The entire series is already sold out, but GMC isn’t sharing exactly how many Edition 1s it’s building. As with other versions of the Sierra EV, pricing and availability will be announced at a later date.

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