General Motors is likely to disclose plans today that will position Cadillac and its upcoming "BEV3" platform as its lead EV brand in a mission to catch up

General Motors is likely to disclose plans today that will position Cadillac

Technology News

General Motors is likely to disclose plans today that will position Cadillac and its upcoming "BEV3" platform as its lead EV brand in a mission to catch up to Tesla (NASDAQ:TSLA), sources told Reuters.

GM had previously focused on making electric vehicles under its mass-market Chevrolet brand, including its battery Bolt and plug-in Volt, but ended production of the latter last year.

General Motors is likely to disclose plans today

GM is set to announce Friday as part of an investor update that a Cadillac will be the first vehicle based on its forthcoming “BEV3” platform, the people said. The vehicle platform is the basis for vehicle underpinnings, including the battery system and other structural and mechanical parts.
GM is not expected to disclose on Friday additional details, including precisely when the Cadillac EV will be built, whether it will be a crossover or sedan, or where it will be assembled, the sources said.

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