General Motors has started to take orders for its bi-fuel line of pickup trucks available from either GMC or Chevrolet. Ed Peper, General Motors U.S. vice president of Fleet and Commercial Sales, said that more people opt to buy its bi-fuel trucks since they offer the same high level of GM truck performance and versatility and it also aids in helping businesses manage their fuel costs and trim down their carbon footprint.
To power the 6.0-liter V8, the trucks can use both gasoline and compressed natural gas (CNG). The trucks can easily switch between the two with a combined 650-mile range. The bi-fuel option is priced $11,000 higher than the truck’s base price.
However, this cost may be recovered in the long run. CNG isn’t normally used for private transportation. However, there is such a high supply surplus that it’s now being exported. Americans make up lower than 1% of the world’s CNG burning vehicles, possibly because of the fact that there are few fueling stations.
There will be more CNG fueling stations arriving soon. CNG’s stable price means that trucks similar to what GM offers may be targeted at businesses that operate on a limited budget.
“Customers are choosing our bi-fuel trucks because they provide the same high level of GM truck performance and versatility but can also help businesses control their fuel costs and reduce their carbon footprint,” said Ed Peper, General Motors U.S. vice president of Fleet and Commercial Sales. “At Chesapeake, we are converting our fleet of more than 5,000 vehicles to run on natural gas, and having options from GMC and Chevy is critical to help us reach our conversion goal,” said Nate Pumphrey, Chesapeake Energy Corp. director of Fleet Operations. “Following our full conversion, we will save $11 million to $12 million annually on fuel costs."