GM bets on gas Cadillacs as EV push stalls

1 min read
Source: CNBC
GM bets on gas Cadillacs as EV push stalls
Photo: CNBC
TL;DR Summary

GM plans to roll out next-generation gas-powered Cadillacs (CT5, XT5, and the discontinued XT6) from spring 2025 through 2028, signaling a shift away from an all-electric Cadillacs lineup even as it keeps current EVs. The move comes amid about $10.9 billion in EV-related charges, slower EV adoption, and regulatory changes easing emissions standards. CEO Mary Barra also emphasized onshoring manufacturing and expanding full-size SUV production at a Michigan plant, while Cadillac will continue offering ICE models alongside its EVs.

Share this article

Reading Insights

Total Reads

0

Unique Readers

4

Time Saved

1 min

vs 2 min read

Condensed

77%

34879 words

Want the full story? Read the original article

Read on CNBC