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

Green Car Congress

The facility will build both traditionally powered Cadillac products and EVs. Newly announced planned investments include: $2 billion will be invested in Spring Hill Manufacturing to build fully electric vehicles including the luxury Cadillac LYRIQ. The all-new Cadillac LYRIQ will be the first EV produced at Spring Hill.

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

Baua Electric

GMC had its highest-volume first part since 2005, and Cadillac had its best possible moment quarter since 2019. GM stated shipments to dealerships of the redesigned Trax subcompact crossover, which begins at not up to $22,000, would building up in the second one part of the time.

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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. & While employment rose consistently in successive years, peaking at 240,000 domestic employees by 2019, layoffs have returned at a staggering pace. Many jobs returned as lockdowns ended.

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Cadillac’s ambitious move to an all-electric luxury brand by 2030

Charged EVs

It’s a truck, specifically the Escalade SUV, the gussied-up, very successful ultra-luxury version of the Chevy Suburban. Almost 19 feet long, almost 3 tons in curb weight, the Escalade ESV (most often in black) is a staple of affluent driveways and high-end car services across the country.

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Convincing Consumers To Buy EVs

Cars That Think

Interestingly, a 2019 Massachusetts Institute of Technology (MIT) study predicted that as EVs became more widespread, battery prices would climb because the demand for lithium and other battery metals would rise sharply. GM CEO Mary Barra has very publicly promised that GM would no longer build “ crappy cars.”

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