This New EV Truck Could Crush Rivian's R1T and Ford's F-150 Lightning
Electric vehicle sales have struggled in 2024, but that doesn't mean automakers are giving up on the market. General Motors (NYSE: GM) recently announced an electric truck that will cost $95,000 and may be a compelling product even at that lofty price.
In this video, Travis Hoium digs into the announcement and shows why GM may be ahead of Rivian and Ford in electric trucks.
*Stock prices used were end-of-day prices of April 4, 2024. The video was published on April 7, 2024.
Source Fool.com
General Motors Corp Stock
€40.63
0.040%
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With a target price of 48 € there is a slightly positive potential of 18.14% for General Motors Corp compared to the current price of 40.63 €.
