2024 GMC Sierra EV Price Starts at $108,695 For Denali Edition 1 Trim

Following in the footsteps of the Chevrolet Silverado EV, the new GMC Sierra EV is a pure electric full-size pickup truck with a unibody design and an Ultium battery pack integrated into its structure. It also follows in the footsteps of the GMC Hummer EV by launching its most expensive trim, the Denali Edition 1. The MSRP is $107,000, but goes up to $108,695 with a destination cost of $1,695 included.

Frankly, this is the most expensive GMC Sierra of all time, but that was unexpected. The Chevrolet Silverado EV RST is priced at $106,695, which is Chevy’s tallest model. The GMC Hummer EV debuted in 2020 for $112,595, so the Sierra EV is positioned as expected – a little more than the Chevy, but slightly less than the flagship truck which in this case is the Hummer. Moving beyond the GM family, both the Rivian R1T in the Quad-motor Adventure trim with a big battery and the Ford F-150 Lightning Platinum are about $10,000 cheaper, before options.

It is important to remember that we are talking about top range models here. A cheaper version of the Sierra EV is coming, with GMC offering a general estimate of $50,000 to get started. The automaker hasn’t announced what the trim will be or when it will arrive, so specific pricing on the lower end isn’t available. It will likely be similar to the Chevrolet Silverado EV WT, which goes on sale in spring 2023 for $41,595. That is, in theory. Ongoing supply chain issues and chip shortages have led to both Ford and Rivian price hikes for their electric trucks.

Here’s a quick comparison of prices as of now. We will include updates when detailed pricing becomes available for other GMC Sierra EV trim levels. Note that these numbers are subject to change, as some of these models are still a year or two away from production.

Model / Crop MSRP
2024 GMC Sierra EV Denali Edition 1 $108,695
2025 GMC Sierra EV (basic) $50,000 (approx.)
2024 Chevrolet Silverado RST $106,695
2024 Chevrolet Silverado WT $41,595
2022 GMC Hummer EV Edition 1 $112,995
2024 GMC Hummer EV2 (basic) $79.995
2023 Ford F-150 Lightning Platinum $98,669
2023 Ford F-150 Lightning Pro $53.769
2022 Rivian R1T Adventure Quad Motor Max Range $97,000 (approx.)
2022 Rivian R1T Adventure Dual Motor Standard Range $73,000

The Sierra EV Denali Edition 1 2024 makes 754 horsepower and 785 pound-feet of torque in a dual-motor layout. GMC says it can hit 60 mph in about 4.5 seconds in Max Power mode, and can cover 400 miles on a single charge. It is capable of fast charging, adding 100 miles of range in 10 minutes with a 350kW charger. And yes, it has four-wheel steering with crabwalk capability like the Hummer EV.

The Sierra EV Denali Edition won’t reach dealers until early 2024. The Sierra EV AT4 and Elevation trim levels will follow the 2025 model year.

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