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Forget Tesla and BYD: Cadillac is shooting for the (three-point) stars in Australia with 2024 Lyriq electric car to spearhead multi-model rollout

EV Central

Cadillac will be a “tier-one luxury brand” in Australia, with the incoming Lyriq EV to be followed by a fleet of a high-end electric vehicles that will target Mercedes-Benz, BMW and Lexus in our market. “We know that obviously Cadillac as a brand globally has revealed more cars than just the Lyriq.

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J.D. Power: US growing increasingly divided on EV adoption

Green Car Congress

On a nationwide basis, EV adoption rates have continued to rise steadily, with EV sales now representing 8.6% Luxury EVs Still Wield Outsize Influence on Affordability. Industry-wide, Tesla currently accounts for 63% of all EV sales year to date. of the total new-vehicle retail market. Each month, the J.D.

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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. After global sales slipped 2% last month, Kia is shaking things up with a new mid-to-long-term business plan. 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. After global sales slipped 2% last month, Kia is shaking things up with a new mid-to-long-term business plan. It plans to boost demand by launching a series of new affordable EVs.

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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

GM luxury brand Cadillac has yet to give up on its plans to go electric by the end of the decade, but that strategy has wavered to the point where it might also include combustion vehicles, at least for the foreseeable future. To date, Cadillac has developed and delivered one BEV model— the LYRIQ. Time will tell.

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Lincoln puts EVs on the back burner amid Ford’s shift to more affordable EV models

Baua Electric

After Ford announced a surprising shift to more affordable EVs, its luxury Lincoln brand is putting electric on the back burner. Lincoln backtracks on EVs as Ford shifts to affordable In an interview (via Detroit News ), Lincoln President Dianne Craig said that the company is “listening to what customers really need.”

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GM: Q2 gross sales up 19% on industrial, SUV positive factors

Baua Electric

light-vehicle gross sales surged 19 % in the second one quarter as all 4 of its manufacturers posted double-digit positive factors. GM stated its retail gross sales rose 15 % time over time, time gross sales via GM Envolve, a newly created unit that mixes fleet and its BrightDrop logo of electrical supply trucks, jumped 34 %.

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