GM's Cadillac will introduce EV in fight against Tesla

Marco Green
Января 11, 2019

This will include whether the new electric Cadillac will be a sedan or a crossover, and where it will be built, says the report citing inside sources.

The biggest carmaker in the United States two years ago announced EV manufacturing plans that included building a dedicated electric vehicle architecture and launching it by 2021 along with a battery system, with the two to be used to develop at 20 new electric models in both the USA and China, the world's largest EV market.

A GM spokesman declined to comment.

This marks a departure from GM's previous strategy, that focused on offering EVs and electrified models under the Chevrolet brand, including the plug-in hybrid Volt and the all-electric Bolt.

Cadillac's first attempt at a plug-in vehicle was the Chevrolet Volt-based ELR hybrid of 2014, which could go 37 miles per charge and used a four-cylinder range-extending engine for longer trips.

GM said in November as part of its restructuring efforts it was doubling resources for electric and autonomous vehicle programs over the next two years. These will range from a compact SUV, to a large seven-seat luxury crossover and a large commercial van.

Cadillac is expected to announce plans for the new vehicle during a webcast for investors on Friday morning, but not all of the details. Last year, Barra said the company eyed electric auto sales of 1 million per year by 2026, with a substantial part of the total sold in China. GM opened a battery plant with Chinese partner SAIC Motor Corp Ltd 600104.SS past year. Cadillac sales in China are on the rise, with the figure past year exceeding 200,000 for the first time, Reuters notes.

In October, GM urged the Trump administration to back a nationwide program to boost sales of zero emission vehicles like electric cars, even as the government has proposed ending California's ability to require more clean vehicles.

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