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

Green Car Congress

Luxury EVs Still Wield Outsize Influence on Affordability. While true parity between the EV and ICE vehicle markets will only be achieved when manufacturers produce more mainstream EVs, the recent news cycle has been dominated with updates on luxury SUVs and trucks like the new Escalade IQ from Cadillac and the Tesla Cybertruck.

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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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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

That’s the word from Cadillac’s chief marketing officer, Melissa Grady Dias, who says Australia’s newest brand has little interest competing in the affordable EV space, and will instead duke it out at the top-end of the new-car market.

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

Baua Electric

Complete-size SUV gross sales soared 42 % within the quarter. Pickups and full-size SUVs — GM’s maximum winning automobile traces — accounted for 45 % of the corporate’s gross sales within the first part of 2023. Day to moment, GM stated it has completed its best industrial gross sales since 2007. Do you know?

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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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UAW Expands Strike Again, Targeting GM's Largest Plant

The Truth About Cars

But targeting domestic automaker’s valuable truck and SUV plants represents a major escalation in tactics. Arlington Assembly is responsible for profitable models like the Chevrolet Tahoe, Chevy Suburban, GMC Yukon, and Cadillac Escalade. The union has been gradually ramping up pressure to prolong its own strike budget.

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