Electric Pickup Trucks Priced at $100,000 Create New Market in US Automotive Industry #

Tesla, GM, Rivian, and Ford have entered the US automotive industry with pricey and powerful electric pickup trucks priced at $100,000 or more. This new market includes models like the Tesla Cybertruck, Ford F-150 Lightning, Rivian R1T, GMC Hummer EV, GMC Sierra Denali, and Chevrolet Silverado. These vehicles have higher price tags due to the expensive technologies used, particularly the batteries. Despite the higher prices, the market for these electric trucks is growing, with nearly 58,000 vehicles sold in the first half of this year. Each of these trucks has its own unique features and driving experiences that cater to different customer preferences.