What is the cheapest EV truck in 2024?
The Chevrolet Silverado EV Work Truck (WT) was the cheapest electric pickup available in 2024, with a starting price around $39,900 before destination charges. This price point was largely limited to fleet buyers, with consumer versions typically costing more due to trim, options, and destination fees.
The question at hand is which electric pickup carried the lowest sticker price in 2024. This article surveys the year’s pricing landscape across the major EV trucks, highlighting where the low-cost point stood and how incentives and regional differences could affect the bottom line.
Chevrolet Silverado EV WT: the baseline cheapest entry
Note that the WT price reflects fleet pricing and is the entry point for the Silverado EV lineup in 2024. For regular retail customers, the price climbs once options and trims are added.
- Chevrolet Silverado EV WT — starting around $39,900 (fleet price; 2WD), making it the lowest-priced new EV pickup in 2024.
- Ford F-150 Lightning Pro — typically higher than the Silverado WT in 2024, often in the low-to-mid $50,000s depending on configuration and incentives.
- Rivian R1T — a premium entrant with a substantially higher starting price in 2024, commonly around $73,000–$75,000 before options.
- Tesla Cybertruck — not released for consumer sale in 2024, with expectations set for a higher price point when/if it reaches customers.
- GMC Hummer EV — positioned at the high end of the market, with most trims priced well above $80,000 in 2024.
Prices vary by trim, region, and destination charges, and fleet pricing may not reflect the exact amount paid by typical retail buyers. The Silverado EV WT’s low entry price helped frame conversations about value in an expanding EV-truck segment during 2024.
Additional context: how the 2024 landscape shaped pricing
Competition and consumer considerations
Beyond the Silverado WT, 2024 saw a mix of established and emerging players in the EV pickup space. The Ford F-150 Lightning and Silverado EV were the two mainstream finalists appealing to traditional truck buyers, while Rivian’s R1T and the Hummer EV appealed to enthusiasts and premium buyers. The Tesla Cybertruck remained a topic of interest with production and pricing discussions rather than active consumer availability in 2024.
For shoppers, incentives such as federal tax credits (where eligible) and state programs could significantly affect the “true” price, even though base MSRPs remained the primary reference. Total cost of ownership—charging infrastructure, maintenance, and depreciation—also factored into the decision beyond the sticker price.
What this means for buyers in 2024
2024 marked a turning point where entry-level electric pickups became more financially accessible, particularly behind fleet pricing. The Silverado EV WT demonstrated that an EV truck could be priced competitively at the low end of the spectrum, encouraging consumers and fleets to weigh value against range, payload, and charging needs as the market matured into 2025 and beyond.
Summary
The cheapest electric pickup available in 2024 was the Chevrolet Silverado EV Work Truck, with a starting price around $39,900 before destination charges for fleet buyers. Other 2024 options included the Ford F-150 Lightning, Rivian R1T, GMC Hummer EV, and Tesla Cybertruck (not yet in consumer production), but their base prices were higher than the Silverado WT’s entry point. Shoppers were advised to factor in incentives, regional pricing, and total cost of ownership when evaluating value in this growing market.
