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Cadillac balks on plans to go all-EV by 2030, may still offer gas cars for ‘a number of years’

Cadillac-Opulent-Velocity-EV

GM luxury brand Cadillac has yet to give up on its plans to go electric by the end of the decade, but that strategy has wavered to the point where it might also include combustion vehicles, at least for the foreseeable future. Cadillac’s global vice president recently told reporters that the company has plans for its EV and combustion powertrains to “coexist for a number of years.”

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Cadillac Celestiq will buy you a whole lot of opulence for $340K – take a look

Lovers of sleek, luxurious, and insanely expensive cars, you’ve now got an American-made EV equivalent in the form of Cadillac Celestiq. General Motors just announced that it has finally started production at its factory in Michigan, but only in very limited numbers, of course. Here’s what that eye-watering starting price of $340,000 will buy you.

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Cadillac unveils sleek, all-electric ESCALADE IQ with a big battery, big range, and a price tag to match

GM luxury brand Cadillac publicly unveiled its upcoming, all-electric version of the Escalade in front of a crowd in New York this morning. The ESCALADE IQ is a far cry from the vehicle synonymous with music videos and transportation services the past 24 years, but in the best way. Cadillac has reimagined what is arguably its most iconic model for the all-electric age, and its engineering teams fingerprints are on every single square-inch. It’s a true marvel in large EVs, but it comes at a hefty price tag.

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General Motors (GM) reports a record $41.9 billion in Q3 2022 revenue and reaffirms earnings guidance

GM EV breakout

GM shared its Q3 2022 financial report today, which is highlighted by an EBIT-adjusted $4.3 billion bolstered by a quarterly revenue of $41.9 billion. As a result, the American automaker has reaffirmed its full-year earnings guidance as it continues to scale its Ultium platform and expand EV production throughout its marques.

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