Only One Cadillac May Survive The Shift From Gas To Electric
Cadillac has added a slew of EVs to its range, but is axing several of its ICE models. At the current rate, the Escalade may be Cadillac’s final combustion-powered vehicle. GM is working on plans for the fourth quarter once the federal EV tax credit ends. Cadillac has expanded its electric lineup more than ever, but shifting consumer interest in the States could complicate its all-EV ambitions. As demand for electric vehicles tapers off, the company may need to revisit its goal of becoming an EV-only brand by 2030. The final quarter of this year could be especially challenging, since the federal EVs tax credit is scheduled to end, likely making both new and used electric models less accessible to many buyers. Read: Cadillac Is About To Lose $7,500 Per EV And Still Isn’t Backing Down GM’s flagship brand has undergone a dramatic transformation over the past couple of years. It first launched the all-electric Lyriq SUV and more recently, it’s been followed up by the ele...