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GM to start shipping $113,000 electric Hummer pickups to customers

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DETROIT – General Motors is beginning to ship its GMC Hummer EV pickup to customers, marking a major milestone for the automaker and its next-generation electric vehicles.

The new truck is the first to incorporate the Detroit automaker’s Ultium platform, motors and batteries, all of which GM developed in-house and plans to use as the foundation for dozens of new electric vehicles in the coming years.

“We’re very excited for our customers,” GM President Mark Reuss said Friday during an interview with CNBC’s Phil LeBeau during “Squawk on the Street.”

GM is investing about $30 billion into the production and development of electric vehicles such as the Hummer pickup and an upcoming SUV…



Source cnbc.com

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