GM to Build Cadillac Lyriq in Tennessee

Awesome! Glad to see they'll be building it along side the XT5 and XT6, a true Cadillac plant!

$60,000 is a great price point, but does anyone think that Cadillac needs to launch a cheaper electric SUV after this?

AllTerrain said:

$60,000 is a great price point, but does anyone think that Cadillac needs to launch a cheaper electric SUV after this?

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GM has to work the battery cost curve down before they worry about cheaper and higher production EV's. GM is going to start slow on the Ultium platform vehicles, build up in a linear fashion, and be profitable. GM has a very profitable truck and suv business which buys them lots of time, they don't need to panic and make hasty decisions. This EV transition is not going to happen overnight, especially in the USA, and trucks. There will be some EV pickups to choose from, but there are simply not the batteries for too many too fast. GM management has finally learned chasing volume usually means discounts, and you cannot afford to discount EV's due to the battery cost.

StillHummer said:

Awesome! Glad to see they'll be building it along side the XT5 and XT6, a true Cadillac plant!

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I visited Spring Hill a couple years ago, that Plant is massive...