• The GMC Sierra EV Denali Edition 1 will arrive this summer with a base price of $99,495.
  • The model is now expected to have a range of 440 miles, which is an increase of 10%.
  • Payload and towing capacities have also climbed with the latter now hitting 10,000 lbs.

Following a short delay, GMC is gearing up to launch the Sierra EV Denali Edition 1 this summer. It appears to be worth the wait as the company has slashed prices while also increasing the range.

Starting with pricing, the model was originally slated to start at $107,000. That’s no longer the case as the truck has a “final MSRP” of $99,495 including a $1,995 destination fee. That’s a savings of $7,505 but it’s worth noting the Ford F-150 Lightning Platinum can be had for $87,090 while the Chevrolet Silverado EV RST First Edition begins at $94,500.

More: 2024 GMC Sierra EV Denali Edition 1 Is A No Holds Barred Luxury Pickup With 754 HP And 400 Mile Range

The other big change is a 10 percent increase in range as the truck is now expected to travel up to 440 miles (708 km) on a single charge. That isn’t the only number that has grown as the model is now slated to have a max payload of 1,450 lbs (658 kg) and a maximum towing capacity of 10,000 lbs (4,536 kg).

Thanks to the changes, customers will be getting a more affordable pickup with improved capabilities. That’s a winning combination and the truck comes nicely equipped with 24-inch wheels, a frunk, and a MultiPro Tailgate. However, the real coup de grâce is the MultiPro MidGate that enables owners to expand the 5’ 11” bed into the cabin. This enables the Sierra EV to haul items that are nearly 11’ long.

The cabin is luxurious and high-tech as it features an 11-inch digital instrument cluster as well as a 16.8-inch infotainment system with a portrait orientation. They’re joined by a panoramic glass roof, a Bose audio system, and elegant wood trim.

Motivation comes from a dual-motor all-wheel drive system producing an estimated 754 hp (562 kW / 764 PS) and 785 lb-ft (1,063 Nm) of torque in Max Power mode. This should enable the truck to rocket from 0-60 mph (0-96 km/h) in less than 4.5 seconds. Speaking of fast, a 350 kW DC fast charging capability can deliver approximately 100 miles (161 km) of range in as little as 10 minutes.

Other highlights include 4-Wheel Steer, CrabWalk, and an air ride adaptive suspension. The latter enables the truck to be raised or lowered by approximately 2 inches (51 mm).