GM’s Cadillac Challenges Tesla in the EV Market

On January 11, General Motors (GM) announced its plan to position Cadillac as their lead electric vehicle brand in direct competition with Tesla. GM was the second auto company to deliver 200,000 vehicles in America. Tesla accomplished this last year.

This comes after GM’s massive restructuring news: decreasing their workforce by 15%, closing 5 plants, and discontinuing the plug-in hybrid Chevy Volt in March 2018, along with some other models. This shift represents GM’s goal to focus on electric and autonomous vehicles in hopes to save $6 billion by 2020.

Image teasers of their first all-electric vehicle were released late Sunday night. The car will use BEV3, GM’s next-gen electric vehicle platform. BEV3 accommodates front, rear, and all-wheel drive flexible for all types of vehicles. With the latest technology, GM aims to offer more electric vehicles with shorter development cycle and a number of battery configurations.
What to expect? Cadillac aims to sell 1 million EVs by 2026.

Image Source: Cadillac

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GM’s Cadillac Challenges Tesla in the EV Market

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