Tesla Inc debuted its electric pickup truck Cybertruck on Thursday, joining a li...
) debuted its electric pickup truck Cybertruck on Thursday, joining a list of automakers and start-ups that have been working on electrifying pickup trucks - the heart of the Detroit automakers’ profits.
The Cybertruck, which starts at $39,000, will offer other versions priced at $49,900 and $69,900, with the most expensive offering a range of more than 500 miles. Industry tracking firm HIS Markit estimates the electric truck segment - both full- and mid-sized models - is expected to sell about 75,000 vehicles in 2026, compared with 3 million light trucks overall. Tesla’s truck is not part of that estimate given its uncertain availability.The No.1 U.S. automaker’s first electric pickup truck model will go on sale in the fall of 2021, the company’s top executive said on Thursday.
In an interview with Reuters in September, Ford Chairman Bill Ford hinted that the truck could have load-carrying space under the hood in addition to the traditional bed in the back. Ford will also launch its electric sports utility vehicle called “Mustang Mach-E” next year, the reservations for which is open with a re-fundable deposit of $500.), and it is working on an all-electric pickup truck “R1T” with up to 750 horsepower and a range of over 400 miles.
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