As demand for electric vehicles grows, American luxury auto maker Cadillac has chose to enter the game. Cadillac said it plans to introduce new models at the rate of roughly one every six months through 2021.
This vehicle will not be based on the electric architecture found on GM's Chevrolet models, the Volt or the Bolt EV. As with Tesla, the high-end vehicle is created to allow GM to spread the costs of converting to electric drivetrains over more expensive models that can absorb the cost, after federal tax credits for the auto giant's plug-in cars run out. "It will represent the height of luxury and innovation while positioning Cadillac as the pinnacle of mobility".
The name of the future of the electric vehicle has not yet been announced: it will be known only after full premiere machines, as well as details of the technical plan.
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The new Cadillac SUV will also be the first vehicle built on GM's forthcoming BEV3 chassis platform.
The company hasn't elaborated on its Friday announcement or said when the Cadillac EV will be built, whether it will be a crossover or sedan, or where it will be assembled. The Cadillac electric vehicles will be configured in front-, rear- or all-wheel drive. Cadillac says that what makes this framework different from others are the drive units and battery cells.
Automakers have to sell electric vehicles at prices comparable to cars that run on gasoline or they wouldn't be able to achieve sales volume, Carlisle said.