There is a lot of buyer interest in the electric Hummer that is now offered by Chevrolet. General Motors stopped taking orders for the massive EV because of limited capacity to build them.
Between January and June, GM reported that it delivered fewer than 400 of the pickup version of the Hummer. It plans to launch a SUV version in spring 2023. It currently has reservations for about 45,000 of the pickups and about 45,000 of the SUV.
A statement from the company said that we were excited to say that this incredible demand has resulted in Hummer EV reservations being fully booked at this time.
GM has a goal to produce only zero-emission vehicles by the year 2035, and other traditional automakers have similar goals. There are tougher environmental regulations that will block the sale of gasoline-powered cars as part of the shift. It will take five years for the deliveries to be completed, as GM GM announced an agreement to sell 175,000 EVs to Hertz. Ford F has a multi-year order bank for its EV pickup, the F-150 Lightning, as well as its Mustang Mach-E SUV.
Ford stopped taking reservations for the F-150 Lightning when its order backlog reached 200,000 at the end of 2021. Deliveries of the electric pickup began in May and the company was working to increase production but ihas only delivered 6,800 vehicles through the end of August.
Even Tesla, the world's largest EV maker that makes nothing but EVs, reported it had only a four-day supply of inventory at the end of June.
A shortage of the large lithium batteries needed to power the vehicles is a problem for all EV automakers. Nearly all of the traditional carmakers have announced massive investment to build EV battery plants, typically with a battery maker as a joint venture partner. Most of the plants are still under construction, and are years away from producing enough batteries to meet demand.
The starting prices for the different trim offerings are between $84,650 and $104,650.
Ford's Mustang Mach-E is an SUV. An earlier version of this story misstated the vehicle model.