Remove Atlanta Remove Dealers Remove Global Remove SUV
article thumbnail

Mercedes-Benz USA 2023 sales: Overall steady, but EVs surge by nearly 250% year-over-year

Baua Electric

The automaker has invested big bucks in eventually electrifying its entire global lineup while still delivering the luxury and performance the near century-old brand is known for. We’ve seen the German automaker make enormous strides around the globe, including in the US, where its electric SUVs are currently being built.

USA 52
article thumbnail

GM’s Cadillac set to eliminate 40% of dealerships in $274M restructuring project

Teslarati

dealerships and roll out a new electric SUV, hoping to ease into a more-committed adoption of electric vehicles. GM is one of the largest automotive brands globally and has been involved in the development of electric vehicles for several years, thanks to the Bolt, an EV under the automaker’s Chevrolet brand. Credit: Cadillac.

Cadillac 140
article thumbnail

Rivian to build new $5 billion electric vehicle factory in Georgia

Electric Vehicles India

Rivian an Amazon-backed electric vehicle maker has announced a new $5 billion electric vehicle factory in Atlanta, Georgia. The Rivian has just started production of its first electric vehicles such as the R1T electric pickup truck and R1S electric SUV at its factory in Illinois. It will be the second factory in Georgia.

Georgia 59
article thumbnail

GM, finally, ramps up Cadillac Lyriq to meet demand for luxury SUVs

Baua Electric

2024 Cadillac Lyriq Sport trim (Source: Cadillac) General Motors says it is responding to a strong demand for luxury EVs by ramping up production of its Cadillac all-electric Lyriq SUV this year. Back in 2020, about 20% of Cadillac’s US dealers, some 170 to 180 dealers, took buyouts from GM rather than invest, sell, and service EVs.

article thumbnail

Ford will use module-less LFP batteries from CATL

Push EVs

The company detailed its global vehicle portfolio plans supporting these production goals as part of its Ford+ plan. Ford expects a compound annual growth rate for EVs to exceed 90% through 2026, more than double forecasted global industry growth. DEARBORN, Mich., Driving to the 600,000 EV run rate by late 2023.

Ford 105