Recently, the popular US vehicle manufacturer Cadillac unveiled its first-ever all-electric vehicle thus joining the e-car bandwagon dominated by Tesla. The name given to the new e-model is Lyriq. However, they cant be seen on roads until 2022 but Cadillac has promised that most of its models will be fully electric by 2030.
Luxury Automaker Cadillac Launches its First-ever E-vehicle
General Motors, the parent company of Cadillac already produces hybrid or electric cars like the Chevrolet Volt and Bolt but intends to produce 20 models of all-electric vehicles by 2023.
The battery which would power the Lyriq was revealed in March. Dubbed the Ultium, it enhances the capacity to run more than 300 miles (500 kilometers) on a single full charge. GM plans to use this battery on all future electric cars for its every brand: Cadillac, Chevrolet, GMC, and Buick.
The Lyriq will also come with a self-governing driving assistance option along with a 33-inch LED screen across the dashboard. The vehicle is set to help GM to catch up with Tesla. As Tesla is now worth more than combined value of General Motors, Ford, and Fiat Chrysler
An automotive specialist, Jessica Caldwell said,
Right now, Tesla is the one to beat in the EV market. In fact, most of the automakers have changed their strategies — going from value-based electric vehicles to premium on the back of Tesla’s success. So far, no one has been able to replicate the Tesla model.
However, she mentioned that the arrival of Lyric and the upcoming all-electric GMC Hummer, General Motors is positioning itself “to steal these desirable, affluent electric buyers away from Elon Musk.”