The electric pickup costs 6,200 $ more to buy. Over ten years, it costs 30,000 $ less.
Part 3 of 4 of the series: what it actually costs. The pickup, the segment where gas hurts the most. Quebec numbers, Canadian dollars.
A WORD ON THE F-150 LIGHTNING
I was going to use it. Ford ended production in October 2025 and officially dropped it in December. A few hundred new ones are left on lots, mostly in the United States, and it can no longer be ordered. The next Lightning gets a gas engine to recharge the battery. So I am comparing Chevrolet against Chevrolet: same size, same cab, same bed.
THE THREE PICKUPS
Chevrolet Silverado 1500 WT 4WD 2026, crew cab, short box, 2.7 L TurboMax. 62,425 $ before tax, freight and fees included, on Chevrolet’s configurator for Laval.
Ford F-150 XLT SuperCrew 4x4 2026 with the PowerBoost hybrid. Chevrolet does not make a Silverado hybrid, so I took the F-150, because it is the first question I am going to get. 75,535 $ before tax, on Ford’s configurator.
Chevrolet Silverado EV WT 2026, standard range, 4WD. 68,625 $ before tax, all in. 460 km of rated range.
And I will say it before anyone else does: right now Chevrolet is offering 10,000 $ cash off the gas Silverado, and Ford 8,000 $ off the F-150. The Silverado EV gets nothing. I give you the math with and without.
THE ASSUMPTIONS, SAME AS PARTS 1 AND 2
20,000 km a year, for 10 years. Taxes included. Gas at 2.00 $ a litre, the price Quebec’s energy board logged in Montreal.
Natural Resources Canada rates the Silverado at 12.8 L/100 km and the F-150 hybrid at 10.7. I add the same 11 % real-world gap I used on the Corolla: 14.2 and 11.9.
The Silverado EV is rated 30.8 kWh/100 km. I raise it 20 %, to 37. Electricity at 0.25 $ per kWh, deliberately high. That is like doing about a third of your charging at 0.50 $ fast chargers, and the rest at home. And the 125 $ annual EV registration contribution, 1,219 $ over nine years, is in the table.
THE TABLE
Gas Silverado Purchase, tax in: 71,773 $ Gas over 10 years: 56,889 $ Total: 128,662 $
F-150 PowerBoost hybrid Purchase, tax in: 86,846 $ Gas over 10 years: 47,556 $ Total: 134,402 $
Silverado EV Purchase, tax in: 78,902 $ Electricity over 10 years: 18,480 $ Registration contribution: 1,219 $ Total: 98,601 $
30,061 $ less than the gas Silverado. 35,801 $ less than the F-150 hybrid.
With the 10,000 $ rebate on the gas Silverado, the gap drops to 18,564 $. Still 18,000 $.
Using the official ratings with no real-world gap on either side, it is still 27,452 $ less.
INCENTIVES: NONE
No 5,000 $ federal incentive: the program stops at a 50,000 $ transaction price. No Quebec rebate for an individual: Quebec’s list only includes the Silverado EV as a business truck. The whole calculation has zero subsidy in it, and there is none to add.
WHAT MAKES THE GAP BIGGER
Charging at home. At about 12.8 cents per kWh, the Silverado EV comes to 89,583 $, 39,079 $ less than the gas Silverado.
Mileage. Pickups get driven. At 30,000 km a year, the gap grows to 49,265 $. At 40,000, to 68,470 $.
RANGE AND TOWING, BECAUSE SOMEONE WILL ASK
The gas Silverado’s tank holds 91 litres: about 640 km in real driving. The entry Silverado EV: 460 km rated, around 380 in winter. If you do long days on the road, there is a max range version: 793 km rated, more than a full tank of the gas truck. It costs 87,325 $, and even that one comes out 8,621 $ cheaper over ten years than the gas Silverado.
Towing: 8,500 lb for standard range, 10,500 lb for max range. And like any pickup, it uses more energy when it pulls. If you tow often and far, run the numbers with your own trips, not mine.
WHERE THE MONEY GOES
Over ten years, the gas Silverado burns 56,889 $ of gasoline. That money leaves Quebec. The Silverado EV’s 18,480 $ of electricity stays here.
WHAT IS NOT IN THE TABLE
No oil changes, no spark plugs, no belts, no exhaust. I put no number on it, for lack of a solid ten-year Quebec source. But it all leans the same way.
The pickup is where the electric costs the most up front, and where it pays back the most. Because a gas pickup drinks.
What about you: how many kilometres does your pickup do in a year?
Next, on Saturday: the subcompact. Part 4 of 4.
Part 3 of 4 in the series What it actually costs.
Sources: Chevrolet Canada, Ford Canada, Régie de l’énergie du Québec, Hydro-Québec, Natural Resources Canada, Quebec Ministry of Finance (Budget 2025-2026), Québec.ca, Transport Canada (EVAP), GM Authority, Autotrader.ca, Ford Authority.
