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Hummer EV sport utility truck starts at $112,595

  • The latest edition of GM's (NYSE:GM) plan to shift to "electric and autonomous vehicles through 2025" is the GMC Hummer EV sport utility truck, which will become available next fall at a starting price of $112,595.
  • A $99,995 version will be available a year later, followed by $89,995 and $79,995 models in the springs of 2023 and 2024, respectively.
  • Specs: Zero to 60 mph in 3 seconds, and estimated best-in-class 1,000 horsepower and 11,500 lb.-ft. of torque, fast charging of up to 100 miles of range in 10 minutes and more than 350 miles of range on a full charge.
  • The vehicle also features an open-air layout in which customers can remove the roof, as well as a "crab walk" feature that lets the front and rear wheels steer at the same angle at low speeds so it can move diagonally around obstacles.
  • The Hummer will hit the road alongside significantly cheaper models from rivals, like Ford's (NYSE:F) electric F-150, Tesla's (NASDAQ:TSLA) Cybertruck and pickups from four startup companies.
  • "This is all about people who just love the best in automotive innovation, performance, capability and technology," GMC Vice President Duncan Aldred declared. "These are the people who you may have seen buy the exotic sports car type brands. This will be the must-have item."

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