[RDale]

GM will be increasing the price of the Hummer by $6,250 starting this Saturday due to "higher prices for parts, technology and logistics."

www.cnbc.com/amp/2022/06/17/gm-is-raising-the-price-of-its-hummer-ev-starting-this-weekend.html

GM said Friday that it is increasing the price of its electric Hummer by $6,250, effective Saturday.

The company blamed higher prices for parts, technology and logistics.

All reservations placed before Saturday are exempt from the increase, the company said. The Hummer EV pickup truck currently goes for about $80,000 to $100,000.

The announcement comes after several automakers hiked the cost of their electric vehicles in recent weeks. The war in Ukraine and ongoing supply chain challenges have jacked up the the prices of the raw materials necessary for EV batteries, causing Tesla, Rivian and Cadillac to raise the prices of their electric vehicles.

 

[EFX4]

I wonder if Ford will eventually increase prices, especially with increasing battery costs.

https://jalopnik.com/fords-cost-to-build-the-mach-e-increased-25-000-per-ca-1849065867

 

[FM_Jack]

Bound to happen

 

[HellBoy]

I’d expect a similar increase for the 23 Lightning….otherwise Ford is insane to produce 80k units of a truck at a loss - makes absolutely no sense…

 

[ChasingCoral]

View attachment 2948

GM will be increasing the price of the Hummer by $6,250 starting this Saturday due to "higher prices for parts, technology and logistics."

www.cnbc.com/amp/2022/06/17/gm-is-raising-the-price-of-its-hummer-ev-starting-this-weekend.html

GM said Friday that it is increasing the price of its electric Hummer by $6,250, effective Saturday.

The company blamed higher prices for parts, technology and logistics.

All reservations placed before Saturday are exempt from the increase, the company said. The Hummer EV pickup truck currently goes for about $80,000 to $100,000.

The announcement comes after several automakers hiked the cost of their electric vehicles in recent weeks. The war in Ukraine and ongoing supply chain challenges have jacked up the the prices of the raw materials necessary for EV batteries, causing Tesla, Rivian and Cadillac to raise the prices of their electric vehicles.

It makes up for the price drop of the Bolt and Bolt EUV.