The Rise and Fall of the Chevrolet Silverado EV.

Chevrolet has announced that it will not be offering an entry-level $40,000 Chevrolet Silverado EV, disappointing those who were hoping for an affordable option. The company will instead offer lower-trim "competitively-priced" variants of the vehicle starting in 2024. The first three versions of the Silverado EV will be priced at $79,800, $74,800, and $106,895, respectively. The Ford F-150 Lightning Pro has seen over $20,000 in price increases in less than one year. Tesla also originally promised it would sell the base Cybertruck for $39,900, but it won't happen due to inflation.