There is a growing number of automakers who are announcing plans to electrify their lineup, while others are considering it. GMC is the latter category according to a new report from CNBC.
“Certainly, it’s something we’re considering," said Duncan Aldred, vice president of GMC when asked if there was the possibility of an electric Sierra.
Aldred wouldn't say much more than that except mentioning that General Motors CEO Mary Barra has already made comments about "an all-electric future."
It wouldn't be surprising if an all-electric Sierra sparks an all-electric Chevrolet Silverado since they are basically the same truck, allowing GM to take advantage of economies of scale and spreading the cost of development. But the cost of batteries is still a big drawback. Researchers at Boston Consulting Group say each individual battery cell generally cost $150 to $200. Aldred said that battery tech is still expensive "that makes it difficult to target mainstream segments, unless a carmaker like GM is willing to accept lower margins." But that's where GMC could take the lead as it is currently positioned as something more premium than its Silverado brethren, with such features as the Multi-Pro tailgate.
Ford has already announced plans for an F-150 EV, and there is start-up automaker Rivian with the R1T that is expected to go into production in late 2020.