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Chevy announced that the 2025 Silverado EV will have lower prices, more driving range, and new trim options. The 2025 all-electric Chevy pickup starts at $57,095 for the Work Truck model, while the LT trim will be available for the first time.

Although the 2024 model was “already the range leader,” according to Chevrolet vice president Scott Bell, the 2025MY “set the bar even higher.”

With an EPA-estimated range of up to 492 miles, the 2025 Silverado EV WT edition sets a new standard for electric business trucks. It’s even a drastic improvement over the already impressive 2024 model year, which had a range of up to 450 miles.

Meanwhile, Chevy said it’s addressing another potential barrier with EVs: the Cost. The 2025 Chevy Silverado EV will be launched later this year in three trims: Work Truck (WT), LT, and RST.

“For 2025, we’re introducing an LT trim, offering a more affordable RST package, and expanding WT offerings,” Bell explained.

The 2025 Chevy Silverado EV LT starts at $75,195 and runs up to 408 miles. A premium trim will be available for $81,995 with 390 EPA-estimated miles range. Both models qualify for the federal EV tax credit.

2025-Chevy-Silverado-EV-LT-prices
Chevy Silverado EV LT trim (Source: Chevrolet)

2025 Chevy Silverado EV prices and range by trim

Chevy’s new LT model features up to 300 kW DC fast charging, 18″ aluminum wheels, and an illuminated front gold bowtie standard. It also has a towing capacity of up to 12,500 lbs and a payload of 1,800 lbs.

2025 Chevrolet Silverado EV Trim Battery Pack   Range Starting MSRP (Including $2,095 DFC) 
Work Truck Standard Range  EPA estimate available later in the model year  $57,095 
Extended Range   422 miles (EPA-estimated)  $69,495 
Max Range  492 miles (EPA-estimated)  $77,795 
LT Extended Range  408 miles (EPA-estimated)   $75,195  
Extended Range with LT Premium Package  390 miles (EPA-estimated)  $81,995 
RST Extended Range  390 miles (EPA-estimated)  $89,395 
Max Range   460 miles (GM-estimated)  $97,895 
2025 Chevy Silverado EV prices and range by trim (Source: Chevrolet)

Inside, the new LT trim features a standard 17.7″ infotainment screen and an 11.3″ driver display.

The Premium Package, which will be available later in the model year, adds an available Multi-Flex Midgate and SuperCruise. It will also have 22″ machined-face aluminum wheels.

2025-Chevy-Silverado-EV-prices
Chevy Silverado EV RST interior (Source: Chevrolet)

Chevy’s 2025 Silverado EV RST trim will have a range of up to 460 miles, topping the current model’s 440-mile range.

The 2025 Chevy Silverado EV WT, LT, and RST trims are expected to reach customers by the end of 2024. Chevy said the WT model with a standard range battery will join the lineup, starting at $57,095. The range will be revealed closer to launch.

With the new model year launching later this year, the 2024 Chevy Silverado EV is on clearance. You can use our link to view deals on the all-electric Chevy Silverado EV pickup near you

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Oil giant Saudi Aramco posts 15% drop in third-quarter profit but maintains dividend

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Oil giant Saudi Aramco posts 15% drop in third-quarter profit but maintains dividend

Saudi Aramco’s Ras Tanura oil refinery and oil terminal

Ahmed Jadallah | Reuters

Saudi state oil giant Aramco reported a 15.4% drop in net profit in the third-quarter on the back of “lower crude oil prices and weakening refining margins,” but maintained a 31.05 billion dividend.

The company reported net income of $27.56 billion in the July-September period, topping a company-provided estimate of $26.9 billion. The print is also a 5% drop from the previous quarter, which came in at $29.1 billion, as lower global oil prices, weaker demand and prolonged OPEC+ production cuts led by Saudi Arabia continue to impact crude prices.

The average selling price of oil for the second quarter of 2024 stood at $85 per barrel, but dropped to $78.7 per barrel during the third quarter, according to Saudi-based bank Al Rajhi capital, as non-OPEC supply volumes grew.

The oil firm said its year-on-year decline was partly offset by a “reduction in selling, administrative and general expenses primarily driven by a gain from derivative instruments, and a decrease in production royalties largely reflecting lower crude oil prices and a lower average effective royalty rate compared to the same quarter last year.”

Aramco’s dividend includes a base payout of $20.3 billion and an atypical performance-linked one of $10.8 billion. The Saudi government and the kingdom’s sovereign wealth vehicle, the Public Investment Fund, are the main beneficiaries of the dividend, holding stakes of roughly 81.5% and 16% in the company.

The remaining shareholding trades freely on Saudi Arabia’s Tadāwul stock exchange, with the company having finalized its second public share offering back in June.

Aramco’s earnings before Interest and Taxes (EBIT) came in at $51.45 billion in the third quarter, down 17% year-on-year. Aramco’s capital expenditure guidance was brought up 20% to $13.23 billion.

The company was trading at 27.45 riyals following the announcement, down 0.18% on the previous day.

The earnings align with a broader trend across oil majors, whose third-quarter profits have also suffered from declines in crude prices and refining margins. Aramco said it achieved average realized crude price of $79.3 per barrel in the third quarter, compared with $89.3 per barrel in the same period of last year.

Saudi Arabia, the world’s largest crude exporter who produces roughly 9 million barrels per day of crude at present, serves as the de facto leader of the OPEC+ oil producers’ alliance, a subset of whom agreed over the weekend to delay a planned December output hike by one month.

OPEC chief says delayed December output hike is 'nothing unusual'

“Aramco delivered robust net income and generated strong free cash flow during the third quarter, despite a lower oil price environment,” CEO Amin Nasser said in a statement. “We also progressed our upstream developments, strengthened our downstream value chain, and advanced our new energies program as we continue to invest through cycles.”

The revenues will be a boon to the Saudi economy, which is currently undergoing a diversification process under Crown Prince Mohammed bin Salman’s legacy Vision 2030 scheme spanning a slew of high-cost infrastructure “gigaprojects.”

Earlier this year, Saudi Arabia’s Ministry of Finance cut the kingdom’s growth forecast to 0.8% in 2024, in a steep decline from a previous projection of 4.4%, and raised the outlook for the national budgetary shortfall to roughly 2.9% of GDP, from a prior indication of 1.9%.

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Cybertruck backlog runs out, Model S gets stuck, GM hits a sales milestone

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Cybertruck backlog runs out, Model S gets stuck, GM hits a sales milestone

On today’s episode of Quick Charge, Tesla’s Cybertruck is now available in Canada – and, like in the US, there’s no waiting! Plus, we’ve got an “actually” smart summon Tesla that’s actually stuck, GM reaches a sales milestone, and we get a brand-new title sponsor!

Today’s episode is the first with our new title sponsor, BLUETTI – a leading provider of portable power stations, solar generators, and energy storage systems.

Prefer listening to your podcasts? Audio-only versions of Quick Charge are now available on Apple PodcastsSpotifyTuneIn, and our RSS feed for Overcast and other podcast players.

New episodes of Quick Charge are recorded, usually, Monday through Thursday (and sometimes Sunday). We’ll be posting bonusLucid proves than an EV company can keep its promises while Xiaomi teams up with Chevrolet and Honda to prove – at least conceptually – that records are made to be broken. audio content from time to time as well, so be sure to follow and subscribe so you don’t miss a minute of Electrek’s high-voltage daily news!

Got news? Let us know!
Drop us a line at tips@electrek.co. You can also rate us on Apple Podcasts and Spotify, or recommend us in Overcast to help more people discover the show!

Read more: Renewables now make up 30% of US utility-scale generating capacity

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This ‘supercharger on wheels’ brings fast charging to you [update]

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This 'supercharger on wheels' brings fast charging to you [update]

Mobile car care company Yoshi Mobility launched a DC fast charging EV mobile unit that it likens to “a supercharger on wheels.”

November 4, 2024 update: Yoshi Mobility will only be charging EVs on the side of the road now – it announced today that it’s selling its fleet fueling operation to EZFill Holdings (Nasdaq: EZFL).

It was originally founded as a direct-to-consumer, mobile fueling business in 2016, but now it’s going to focus on mobile EV charging, virtual vehicle inspections for partners like Uber and Turo, and onsite preventative maintenance.

Bryan Frist, Yoshi Mobility’s CEO & cofounder, said, “By spinning off our fuel business and focusing all of our energy on solving hair-on-fire problems that fleet owners face, we are meeting the changing needs of enterprise customers while making the future of transportation safer, cleaner, and more sustainable.”


May 22, 2024: Yoshi Mobility saw that its existing customers needed mobile EV charging in places where infrastructure has yet to be installed, so the Nashville-based company decided to bring the mountain to Moses.

“We recognized a demand among our customers for convenient daily charging, reliable private charging networks, and proper charging infrastructure to support their fleet vehicles as they transition to electric,” said Dan Hunter, Yoshi Mobility’s chief EV officer and cofounder.

The company says its 240 kW mobile DC fast charger, which can turn “any EV” into a mobile charging unit, is the first fully electric mobile charger available. It can provide multiple charges in a single trip but doesn’t detail how they charge the DC fast charger or who manufactured it. (I asked for more details, and they replied that they won’t disclose client names or the manufacturer of its DC fast charger yet.)

Yoshi is launching its mobile charger on two GM BrightDrop Zevo 600s and will introduce additional vehicles throughout 2024. It aims for full commercialization by Q1 2025. (I wonder if the Zevo 600 ever charges itself? Yes, I asked that too.)

Yoshi Mobility says it’s already deployed its EV charging solutions to service “major OEMs, autonomous vehicle companies, and rideshare operators” across the US. Its initial customers are made up of large EV operators managing “hundreds” of light-duty vehicles requiring up to 1 megawatt of energy per day that don’t yet have grid-connected EV chargers. I’ve asked Yoshi for details of who it’s working with, and will update if they share that info.

The company says pricing is based on location and enterprise charging needs. Once under contract for service, the service will be deployed to US-based customers within 10 days.

To date, Yoshi Mobility has raised more than $60 million, with investments from GM Ventures, Bridgestone, ExxonMobil, and Y-Combinator in Silicon Valley.

Read more: Mercedes-Benz just opened more DC fast chargers at Buc-ee’s in Texas


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