GM’s Cadillac will introduce EV in fight against Tesla

WASHINGTON: Cadillac is expected to become General Motors Co’s lead electric vehicle brand as the largest US automaker gears up to introduce a new model under that luxury marquee to challenge Tesla Inc, two people briefed on the matter said.
The vehicle platform is the basis for vehicle underpinnings, including the battery system and other structural and mechanical parts.
A GM spokesman declined to comment.
GM had previously focused on making electric vehicles under its mass market Chevrolet brand, including its plug-in Chevrolet Volt and battery electric Bolt. GM announced last year it was ending production of the plug-in Volt as well as a low-selling plug-in Cadillac CT6, even as it moved to boost EV spending.
GM said in November as part of its restructuring efforts it was doubling resources for electric and autonomous vehicle programmes over the next two years. Last month, two Ohio senators asked GM to commit to building all future electric vehicles for US buyers within the country. — Reuters