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General Motors plans to release electric vehicles across categories such as SUVs, pickup trucks, crossovers and luxury vehicles

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The company aims to be one of the most affordable companies in the electric vehicle space with the Chevy Bolt EV starting at $26,500

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The Chevy Silverado EV, the company's take on its best-selling pickup truck brand, is one of the next vehicles to be released

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According to Electrek the Chevy Silverado EV will have a range of 400 miles and a starting price of $39900

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The company is working on a compact electric pickup truck

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The truck has been described as "futuristic and sporty

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Chevrolet recently tested the base 2024 Silverado EV WT towing a 7700-pound RV

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The truck is reported to have delivered a smooth ride and to have handled road conditions and driver feedback responsively

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The compact electric pickup truck could be offered at a price of under $30000

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General Motors may have a winning formula to get a boost ahead of Ford and Tesla in the electric pickup truck market