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Chevy Silverado EV's Least Expensive Trim Will Now Cost over $50K

2023 chevrolet silverado ev
Silverado EV's Base Price Will Now Cost over $50KChevrolet
  • The Chevy Silverado EV Work Truck (WT) will have a base price around $52K when the retail version eventually goes on sale.

  • Chevy was previously taking pre-orders for the WT on its consumer site, with the starting price then listed at just under $42,000.

  • The fleet-only Silverado EV 4WT starts at $79,800, and the $106,895 RST First Edition for consumers arrives this fall; Chevy says more affordable models will follow.

Electric pickup trucks are becoming easier to come by, but as we've already seen with the Ford F-150 Lightning's countless price hikes, automakers are finding that keeping costs down isn't quite as easy. The new Chevy Silverado EV is the latest example, with its claimed base price rising about $10,000 to over $50K before it even hits dealer lots.

Missed Target

Earlier this year, Chevy was accepting $100 deposits to pre-order the electric Silverado on its consumer site. At the time, the starting price was listed at $39,900 before the destination fee, which, when added, would push its MSRP closer to $42K. While recently attending the first drive of the fleet-specific Silverado EV 4WT, we heard from Chevy's Global Vice President Scott Bell who said the company no longer thinks it can meet that initial target.

2023 chevrolet silverado ev
Fleet-specific Chevy Silverado EV 4WT driving.Chevrolet