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.
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.
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.
ACME stock soars on today’s cartoonishly silly episode of Quick Charge, we watch Tesla Autopilot crash into a wall with a painting on it, make the Elon stans look silly when they point out shady behavior from their fearless leader, and toss out the notion that some franchise dealers might help the troubled EV brand make more sales in red states.
We also cover Toyota as it moves to position itself for global battery dominance by suppling batteries to more than 400,000 electrified Honda vehicles per year, plus an upgraded Xpeng G6 electric SUV that makes everything on this side of the Pacific look positively plebeian. All this and more, enjoy!
New episodes of Quick Charge are recorded, usually, Monday through Thursday (and sometimes Sunday). We’ll be posting bonus 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.
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Tesla has already started offering 0% APR on loans for the new Model Y in China, showing a clear sign of weak demand.
We recently reported that Tesla is under increased pressure from competition in China, the world’s largest EV market.
The Tesla Model 3 was recently surpassed in sales by the Xiaomi SU7 in a record short period from starting production. The SU7 not only outsells Model 3 in China, but Xiaomi’s electric sedan has a 31-34-week-long order backlog compared to just 1-3 weeks for Tesla’s.
Tesla didn’t apply these same offers to new Model Y orders because Tesla enjoyed more demand for the vehicle due to the launch of the Model Y refresh, and the production launch limited the supplies.
We noted that a good indication of when Tesla is running out of the backlog of orders, which was opened in January, for the newly delivered vehicle would be if Tesla brings back financing incentives on the Model Y.
Today, Tesla announced that it was bringing back the 0% interest loans on the base version of the new Model Y:
The Model Y RWD is by far Tesla’s best-selling car in China and Tesla is now offering up to 3 years at 0% for a 30% down payment and some discounted rates for a smaller down payment.
The incentive starts now and up to April 30. Tesla wrote:
If you purchase a Model Y rear-wheel drive version from March 18, 2025 to April 30, 2025 and pick up the car before the order expiration date according to the delivery and payment terms in the order, eligible customers can apply for the following financial preferential plans:
Tesla currently quotes “2-4 weeks” as a delivery timeline for new orders for the new Model Y RWD, and 6-10 weeks for Long Range AWD.
The Long Range appears to enjoy a bit more demand. Tesla even slightly increased the price by RMB 10,000 yuan ($1,380).
Electrek’s Take
It’s important to consider that Tesla is believed to be selling a mix of RWD vs AWD around 3 to 1 or even 4 to 1. Therefore, any change in pricing and subsidized loans to the Short Range RWD would have a massive impact on Tesla.
I have to say, I’m surprised. I suspected Tesla would have some issues selling the new Model Y in the second half of the year after some excitement for the new version wore off and competition like the Xiaomi YU7 would arrive, but I didn’t think it would come so fast.
Even if this is because Tesla was able to ramp up production of the new version faster, which could mean more deliveries in Q1, the fact that they are already discounting them is a terrible sign of demand.
I didn’t have high hopes for Tesla’s prospects in China in 2025, but even I thought this would not come for another 3-5 months.
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The World Liberty Financial website arranged on a smartphone in New York, US, on Wednesday, Feb. 12, 2025.
Gabby Jones | Bloomberg | Getty Images
President Donald Trump’s World Liberty Financial crypto project said on Monday that it raised $250 million in its second token sale, bringing the total amount of coins sold to $550 million.
WLFI, a venture backed by the first family that describes itself as a sort of crypto banking platform, launched in October, weeks before Trump’s election victory. In a document published at the time of launch, WLFI said the Trump family could take home 75% of net revenue.
In Monday’s release, WLFI said more than 85,000 participants underwent so-called know-your-customer verification to gain access to the token sale. Co-founder Zach Witkoff, son of billionaire U.S. envoy Steve Witkoff, is quoted in the release as saying that “WLFI is on track to supercharge DeFi,” or decentralized finance.
In January, Tron blockchain founder Justin Sun upped his stake in WLFI tokens to $75 million. A court filing the following month showed that Sun and the SEC were exploring a resolution to the regulator’s civil fraud case against the crypto entrepreneur.
WLFI is one of several crypto projects in the Trump family that are kicking off just as the president is pushing a crypto-friendly agenda. Earlier this month, President Trump signed an executive order to establish a Strategic Bitcoin Reserve.
According to a memo from the White House last week, David Sacks, the Trump administration’s AI and crypto czar, sold over $200 million worth of digital asset-related investments personally and through his firm, Craft Ventures, before starting the job. Sacks said in a podcast that he “didn’t want to even have the appearance of a conflict.”
At the end of February, the SEC declared that meme tokens are not securities. The announcement came after the president and First Lady Melania Trump launched their own meme coins in the days leading up to the inauguration.