Cadillac will introduce EV in fight against Tesla

Cadillac will introduce EV in fight against Tesla

Cadillac is expected to become General Motors Co’s lead electric vehicle brand as the largest U.S. automaker gears up to introduce a new model under that luxury marquee to challenge Tesla Inc, two people briefed on the matter said Thursday. GM is set to announce as part of an investor update that a Cadillac will be the first vehicle based on its forthcoming “BEV3” platform, the people said. The vehicle platform is the basis for vehicle underpinnings, including the battery system and other structural and mechanical parts.

GM is not expected to disclose additional details, including precisely when the Cadillac EV will be built, whether it will be a crossover or sedan, or where it will be assembled, the sources said. A GM spokesman declined to comment. GM had previously focused on making electric vehicles under its mass market Chevrolet brand, including its plugin Chevrolet Volt and battery electric Bolt. GM announced last year it was ending production of the plug-in Volt as well as a low-selling plug-in Cadillac CT6, even as it moved to boost EV spending.

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. Last month, two Ohio senators asked GM to commit to building all future electric vehicles for U.S. buyers within the country. GM said in 2017 it planned by 2021 to introduce a new dedicated flexible electric vehicle architecture and an advanced battery system to support the development of at least 20 new models in the United States and China. GM said in 2017 that a new electric vehicle platform in 2021 will serve as a base for at least nine derivatives, ranging from a compact crossover to a large seven-passenger luxury sports utility vehicle and a large commercial van.

Johan de Nysschen, who was then Cadillac’s president, told Reuters at the Detroit auto show in January 2018 the luxury brand will play a “central role” in GM’s electrification strategy, including China. He added that Cadillac would be “at the forefront” of rolling out new electric vehicles in the United States and China. He left GM in April. This week, GM said Cadillac sales in China rose 17.2 percent in 2018, surpassing 200,000 units for the first time. GM Chief Executive Mary Barra has said that GM aims to sell 1 million electric vehicles a year by 2026, many of them in China, which has set strict production quotas on such vehicles.




Jakarta opens mass rapid transit system

Jakarta opens mass rapid transit system

Indonesia’s capital inaugurated its first mass rapid transit system on Sunday, a $1.1 billion project seen as crucial to tackling some of the world’s worst traffic congestion. President Joko Widodo and other officials joine

MAX anti-stall software fix ready

MAX anti-stall software fix ready

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Sri Lanka opens work on $3.85bn refinery

Sri Lanka opens work on $3.85bn refinery

Sri Lanka began construction yesterday of a nearly $4 billion oil refinery it hopes will revive foreign interest in its shipping facilities after Beijing’s takeover of a nearby port spooked international investors. Prime Minister

Responding to the Need for Change

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When an organization faces challenges from direct-competitors, the marketplace or from transformations in the far environment such as new competition from disruptors, leaders have no choice but to manage through these challenges and lead change. But change always involves high levels of resistanc


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SCW to further promote women entrepreneurship

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New programme to employ 240 newly-graduated Bahraini docs

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Roommate killer’s jail term reduced

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Dog torturer’s custody extended

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50 birds worth Dh20m killed by lightning bolt

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Probe ordered

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The Cabinet yesterday chaired by His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa, has ordered a thorough probe into allegations of two girls selling drugs at a school in the Northern Governorate. The Premier ordered the formation of a high-level committee, under the

Jakarta opens mass rapid transit system

Jakarta opens mass rapid transit system

Indonesia’s capital inaugurated its first mass rapid transit system on Sunday, a $1.1 billion project seen as crucial to tackling some of the world’s worst traffic congestion. President Joko Widodo and other officials joine

MAX anti-stall software fix ready

MAX anti-stall software fix ready

A fix to the anti-stall system suspected in the crash of a Boeing 737 MAX 8 jet that killed 189 people in Indonesia is ready, industry sources said Saturday, as the company tries to avoid a lengthy grounding of its planes. Boeing was d

Sri Lanka opens work on $3.85bn refinery

Sri Lanka opens work on $3.85bn refinery

Sri Lanka began construction yesterday of a nearly $4 billion oil refinery it hopes will revive foreign interest in its shipping facilities after Beijing’s takeover of a nearby port spooked international investors. Prime Minister