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2024 GMC Sierra EV revealed with 754 horsepower, 400 miles of range

This is the 2024 GMC Sierra EV in all its Denali Edition 1 glory. You probably knew this was coming. After all, when Chevrolet debuts a new pickup, the GMC version of said truck is typically quick to follow. That’s exactly the case here yet again as the Sierra EV follows the somewhat recent debut of the 2024 Chevy Silverado EV. Per usual, the Chevy and GMC versions of the electric truck share a lot of similarities. TheyÂ’re also different in many of the same ways weÂ’re accustomed to within the GM pickup family. The biggest differentiator is design. If the Silverado EV wasnÂ’t your cup of tea, perhaps the Sierra EV is! Just like the Silverado EV, the Sierra rides on GMÂ’s Ultium platform. ItÂ’s being offered exclusively in Crew Cab form at launch. GMC designers emphasized its upright stance and proportions as typical truck styling. However, close examination will show a lot of curved edges and a focus on aerodynamics to achieve a lower coefficient of drag. The front grille is devoid of any flashy patterns, as GMC has opted to go for the shield aesthetic. Light is heavily used to bring a flash of design to the face — the whole grille features a light-up surround. A three-bar charging status indicator can be seen on the front end, and engineers intentionally mounted the headlights lower in the front fascia than usual. For the Denali Edition 1 (the only version of the Sierra EV available at market launch), all of the exterior trim is done in glossy black, except for the areas you might step on, which are finished in a flat black. The rear features GMCÂ’s MultiPro tailgate, and just like the Silverado EV, the Sierra EV comes with the fancy MidGate. GMC calls it the “MultiPro MidGate,” but itÂ’s the same tech used here as youÂ’ll see in the Silverado EV. With the MidGate down, you get nine feet of storage between the cab and the tailgate. Storage can extend out to 11 feet if you use the MultiPro tailgateÂ’s stopper feature with the tailgate down. Also, the MidGate can be folded with a 60/40 split, so you can get that extra length and still retain some backseat passenger room. All of the powertrain and battery tech is similar to the Silverado EV. That means you get a pair of electric motors for all-wheel drive capability with a combined output of 754 horsepower and 785 pound-feet of torque. YouÂ’ll need to be in “Max Power Mode” (we know, much less exciting than WTF mode in the Hummer EV) to realize all that power.

2025 GMC Sierra EV rumored to offer a smaller 170-kWh pack as standard

It's kind of wild that you can order a 2024 GMC Sierra EV Denali Edition 1 pickup, yet GMC hasn't released specific figures for battery capacity; maybe that's info you only get after putting down a deposit. Adding to the mystery, the 2025 GMC Sierra EV, already being promoted at the GMC site and which will be available later this year, will add a second battery. GM Authority says the pack in the 2024 truck (that only comes in one trim) is the 204-kWh pack we already know from the GMC Hummer EV. In April, GMC raised the estimated range rating for that pack from 400 miles to 440 miles, upped towing capacity by 500 pounds to 10,000 pounds, and raised max payload capacity by 150 pounds to 1,450 pounds. For 2025, GMA says the the Sierra EV range will add a smaller 170-kWh pack for lower trims.  Trims, you ask? Yes, next year's standard Denali trim will be joined by AT4 and Elevation trims. The AT4 will come with trail-use perks like four-wheel steering, CrabWalk, and two additional inches of ground clearance thanks to 18-inch wheels wrapped in 35-inch all-terrain tires, plus Super Cruise and a spray-on bedliner. Optional features on the AT4 include a DC fast charge upgrade to 350-kW, GMC's MultiPro MidGate, and the 10.2-kW Power Station Pro. The Elevation, typically a lower trim in GMC's vehicle lineups, comes with a power-operated frunk, the MultiPro tailgate, and sits on 18-inch wheels in 33-inch rubber. The Elevation options menu will offer the MultiPro MidGate, Super Cruise, spray-on bedliner, Power Station Pro, and fast charge upgrade. The Denali will come with all of these tech features standard, but sit on 24-inch wheels in 35-inch rubber. New colors will expand the palette from the sole option today, Thunderstorm Gray, to include Deep Ember Tintcoat, Deep Ocean Metallic, Moonlight Matte, Onyx Black, and Summit White. Back to the battery, the 2025 Sierra EV's order guide shows two pack options, an Extended Range and a Max Range, without giving capacity figures. GMA believes this will be a 20-module pack of 170 kWh, powering a range of around 380 to 390 miles. The 2025 trucks reportedly begin heading down lines in early September, starting with the Denali trim, so information should be forthcoming in the not-too-distant. The AT4 and Elevation trims will reach dealerships early next year.

Frustrated GM investors ask what more Mary Barra can do

DETROIT — General Motors Co Chief Executive Mary Barra has transformed the No. 1 U.S. automaker in her almost five years in charge, but that is still not enough to satisfy investors. Ahead of third-quarter results due on Oct. 31, GM shares are trading about 6 percent below the $33 per share price at which they launched in 2010 in a post-bankruptcy initial public offering. The Detroit carmaker's stock is down 22 percent since Barra took over in January 2014. After hitting an all-time high of $46.48 on Oct. 24, 2017, the shares have declined 33 percent. In the same period, the Standard & Poor's 500 index has climbed 7.8 percent. Several shareholders contacted by Reuters said GM could face a third major action by activist shareholders in less than four years if the share price does not improve. "I've been expecting it," said John Levin, chairman of Levin Capital Strategies. "It just seems a tempting morsel to somebody." Levin's firm owns more than seven million GM shares. Barra has guided the company through the settlement of a federal criminal probe of a mishandled safety recall, sold off money-losing European operations, and returned $25 billion to shareholders through dividends and stock buybacks from 2012 through 2017. GM declined to comment for this story, but the company's executives privately express frustration with the market's reluctance to see it as anything more than a manufacturer tied mainly to auto market sales cycles. GM's profitable North American truck and SUV business and its money-making China operations are valued at just $14 billion, excluding the value of GM's stake in its $14.6 billion Cruise automated vehicle business and its cash reserves from its $44 billion market capitalization. The recent slump in the Chinese market, GM's largest, and plateauing U.S. demand are ratcheting up the pressure. GM is one of the few global automakers without a founding family or a government to serve as a bulwark against corporate raiders. In 2015, a group led by investor Harry Wilson pressed GM to launch a $5 billion share buyback, and commit to what is now an $18 billion ceiling on the level of cash the company would hold. In 2017, GM fended off a call by hedge fund manager David Einhorn to split its common stock shares into two classes. Einhorn, whose firm still owned more than 21 million shares at the end of June, declined to comment about GM's stock price. Other investors said there were no clear alternatives to Barra's approach.