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Kelley Blue Book: average new-vehicle prices in US up 5.4% in May y-o-y; average EV price down 10.8%

Green Car Congress

Despite a large gap in average transaction prices for luxury and non-luxury segments in May 2021, non-luxury vehicles had a larger year-over-year price increase at 4.9% (up $1,805), while luxury vehicles climbed 2.9%, or $1,597, from this time last year. Compact SUV/Crossover. Electric Vehicle. Full-size Car.

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GM investing $2B in Spring Hill plant to build EVs, starting with Cadillac LYRIQ

Green Car Congress

announced today that its Spring Hill, Tennessee assembly plant will begin the transition to become the company’s third vehicle manufacturing site to produce electric vehicles, joining Factory ZERO in Detroit and Hamtramck, Michigan, and Orion Assembly in Orion Township, Michigan. General Motors Co.

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News: 2025 Cadillac Escalade IQ EV

Clean Fleet Report

News: 2025 Cadillac Escalade IQ EV Cadillac’s Biggest SUV Goes All-Electric Cadillac has jumped to the head of the class by announcing the 2025 Escalade IQ will be the most luxurious full-size, three-row, seven-passenger electric SUV when it debuts in late 2024.

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GMC Hummer EV sports its massive size alongside full-size SUV

Teslarati

The GMC Hummer EV is finally making its way to dealerships on the East Coast, sporting its massive size as it sits alongside a GMC Yukon, one of the automaker’s largest sport utility vehicles. After all, the Hummer EV was actually GM’s second-most-produced electric vehicle in December 2021. inch wheelbase.

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