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Kia suddenly shifts to hybrids, affordable EVs amid waning global demand

Baua Electric

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. Kia announced that it is shifting its electric vehicle plans to include more hybrids and affordable EVs. It plans to boost demand by launching a series of new affordable EVs.

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Kia suddenly shifts to hybrids, affordable EVs amid ‘waning global demand’

Baua Electric

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. Kia announced that it is shifting its electric vehicle plans to include more hybrids and affordable EVs. It plans to boost demand by launching a series of new affordable EVs.

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Report: GM’s Cadillac might not go all-EV by 2030 after all

Baua Electric

2025 Cadillac Escalade IQ Cadillac didn’t have any EVs at the start of the decade. Cadillac as shown the $300,000 Celestiq flagship and the Escalade IQ as more high-end models sitting above the Lyriq, along with the Optiq and Vistiq crossovers. Many dealerships opted to exit.

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Cadillac balks on plans to go all-EV by 2030, may still offer gas cars for ‘a number of years’

Baua Electric

That said, Cadillac has several plans for more EVs in its development pipeline, including a smaller, more affordable option compared to the LYRIQ called the OPTIQ. Cadillac has also unveiled an all-electric version of the Escalade called the IQ, a three-row SUV called the VISTIQ , and the ultra-luxe hand-built CELESTIQ… for $340,0000.

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GM hopes new EVs like the $35K electric Chevy Equinox will help win back market share

Baua Electric

2024 Cadillac Lyriq models (Source: GM) Cadillac’s Lyriq accounted for 20% of brand sales in Q1, second to only the Escalade. New models coming to boost market share Meanwhile, the new electric Chevy Equinox, which GM says is the most affordable EV with over 300 miles range, is already available to order.

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GM hopes new EVs like the $35K electric Chevy Equinox will help win back market share

Baua Electric

2024 Cadillac Lyriq models (Source: GM) Cadillac’s Lyriq accounted for 20% of brand sales in Q1, second to only the Escalade. New models coming to boost market share Meanwhile, the new electric Chevy Equinox, which GM says is the most affordable EV with over 300 miles range, is already available to order.

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UAW Expands Strike Again, Targeting GM's Largest Plant

The Truth About Cars

Arlington Assembly is responsible for profitable models like the Chevrolet Tahoe, Chevy Suburban, GMC Yukon, and Cadillac Escalade. & Domestic automakers have enjoyed record-setting profits in recent years after culling small, affordable models from their lineups. In 2000, there were roughly 300,000 domestic auto workers.

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