Cadillac will become lead EV brand at GM, challenge Tesla
12 January, 2019, 19:15 | Author: Regina Silva
The Cadillac booth displays the company logo at the North American International Auto Show in Detroit, Michigan, U.S., January 16, 2018.
Cadillac will reportedly lead GM's new EV strategy, becoming the first brand within the company to offer a new electric model based on the forthcoming BEV3 platform.
The Cadillac-branded vehicle will be the first from GM to ride on the upcoming BEV3 electric platform, which is expected to arrive in 2021. Alongside its bullish guidance, GM said it would use its Cadillac brand to compete with Tesla in the electric-vehcle market.
Cadillac is the ideal brand for GM to relegate to electric vehicles, as the cost of electric components can be offset by the already-high prices customers pay for the cars' luxury.
Last month, two OH senators asked GM to commit to building all future electric vehicles for USA buyers within the country.
GM in 2017 said it planned to launch as many as 20 electric cars by 2023, including both battery-electric and fuel cell-electric models. These will range from a compact SUV, to a large seven-seat luxury crossover and a large commercial van. GM Chief Executive Mary Barra has said that GM aims to sell 1 million electric vehicles a year by 2026, many of them in China, which has set strict production quotas on such vehicles.
However, there is also a major opportunity for Cadillac here in the United States given the recent strong performance of Tesla. An EV crossover would also match up well against other luxury brands' new electric offerings, such as Audi's e-tron, Mercedes-Benz's EQC, and Jaguar's I-Pace. Cadillac sales in China are on the rise, with the figure previous year exceeding 200,000 for the first time, Reuters notes. GM opened a battery plant with Chinese partner SAIC Motor Corp Ltd 600104.SS a year ago.
Tata Motors Ltd.'s Jaguar Land Rover , formerly part of Ford, plans to cut 4,500 jobs in response to a sales slowdown. He said: "In JLR, market conditions, particularly in China , have deteriorated further".
Taylor's Rams are still in the playoffs and face off with the Cowboys on Saturday in the NFC Divisional Round. In Arizona, the team was able to pry away Kliff Kingsbury from USC and made him head coach at age 39.
Netflix's Black Mirror: Bandersnatch has resulted in a massive lawsuit being brought against the streaming service. The controversy seems to primarily stem from the dark nature of Black Mirror's subject matter.
The couple's inner circle then had dinner at a Jacksonville club, while family and friends made speeches and toasts. Tebow shared a photo of himself getting down on one knee to ask Nel-Peters the big question.
Priefer will replace Amos Jones, who is not coming back to the Browns after one season as special teams coordinator. According to WCCO's Mike Max, Priefer will be heading to the Cleveland Browns as special teams coach.
The date of its consideration is not fixed yet, as the complaint needs to be translated into Whelan's native language. A 2007 online Marine Corps article says he spent the leave "experiencing the post-Soviet era of Moscow and St.
CHIME reconstructs the image of the overhead sky by processing the radio signals recorded by over a thousand antennas. But, from whatever little data exists, most scientists do not believe that FRBs are attempts by aliens to contact us.
Nick's parents and Priyanka's mother also joined them on the trip that saw the group skiing, hiking and ringing in the new year . While the newly wedded couple is enjoying their happy time in beaches, social media is smitten by their vacation photos.
PC shipments fell throughout 2018
In brief: Research firms Gartner and IDC have released figures showing the state of PC sales last year-and it's not good news. Also weighing on the market were political and economic uncertainties among small- and midsize businesses.
Apple cuts revenue over poor sales of iphone in China
Asian suppliers' stocks also fell , as did shares of Samsung. iPhones are some of the most compact smartphones on the market. China's "economy began to slow there for the second half", Cook said during an interview with CNBC on Wednesday afternoon.
Proteas collapse late on day 1 after Pakistani fight back
Opener Imam-ul-Haq (10) and nightwatchman Mohammad Abbas, who survived 13 balls without scoring, will resume on Saturday. Abbas first pinned de Bruyn right in front of stumps for 49 before Amir sent Temba Bavuma back for just 8 runs.
Concussion continues to cause a headache in rugby union
There had not been enough time to properly judge if the lower tackle height trial had reduced concussions in the Championship Cup. The report, which has been published annually since 2002, suggests that more needs to be done to reduce instances of concussion.