• 4 minutes The Federal Reserve and Money...Aspects which are not widely known
  • 8 minutes How Far Have We Really Gotten With Alternative Energy
  • 12 minutes  What Russia has reached over three months diplomatic and military pressure on West ?
  • 8 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 6 days European Parliament Members, Cristian Terhes et al, push back against Totalitarian Digital ID and Carbon Tyranny in Europe.
  • 16 hours Once seen as fleeting, a new solar tech proves its lasting power
  • 5 days "How Long Will The Epic Rally In Energy Stocks Last?" by Tsvetana Paraskova at OILPRICE.COM
  • 3 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 8 days "...too many politicians believe things that aren’t true." says Robert Rapier
  • 8 days Coincidence of EIA Report Delay? - "I had seen it delayed minutes, and a couple of times a few hours, but don’t recall something like this — do others?" asks Javier Blas

Breaking News:

Oil Should Stay In Triple Digits: Analyst

China To Subsidize Refiners If Oil Prices Exceed $130

China To Subsidize Refiners If Oil Prices Exceed $130

China will provide subsidies to…

Why $5 Gasoline Won’t Cause A Recession

Why $5 Gasoline Won’t Cause A Recession

While high oil and gasoline…

Iranian Food Consumption Plummets As Prices Soar

Iranian Food Consumption Plummets As Prices Soar

Soaring prices are weighing on…

ZeroHedge

ZeroHedge

The leading economics blog online covering financial issues, geopolitics and trading.

More Info

Premium Content

GM Delivers First Electric Hummers To Customers

General Motors President Mark Reuss spoke with CNBC's Phil LeBeau during "Squawk on the Street" about the first shipments of its GMC Hummer EV to customers. 

The Hummer EV is an impressive vehicle, with claims of up to 1,000 horsepower, able to rocket the truck from 0-60 mph in just 3 seconds. The all-electric super-truck began production in the fall. 

"We're very excited for our customers," Reuss told LeBeau. The first Hummer EV recently rolled off the production line at the automaker's Detroit-Hamtramck Assembly Center and was auctioned off for $2.5 million with proceeds benefiting the Tunnel to Towers Foundation, which honors the sacrifice of firefighters during Sept. 11. 

Readers may recall we published the first spy shots of the new Hummer EV in February and following its development over the year. We noted last month that GM Defense, the military division of General Motors, will produce an army version of the Hummer EV. 

The Hummer EV is one of the first all-electric pickups behind the R1T from EV start-up Rivian, which started building the vehicle in September at an Illinois factory. Next year, the electric version of the F-150 and Tesla's Cybertruck should be released. 

There's just one problem with electric trucks, and it's called "range anxiety," as adding weight to the bed or towing a trailer could significantly reduce the range of the vehicle. 

By Zerohedge.com

More Top Reads From Oilprice.com:


Download The Free Oilprice App Today

Back to homepage





Leave a comment

Leave a comment




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News