Cadillac Global Vice President Ron Harvey confirmed the luxury automaker will debut three new EVs in 2023, that they will produce in multiple factories across different regions, including North America.
General Motors, Ford, and other large manufactures have recently committed billions of dollars towards further development of internal combustion engines (ICE) and their dinosaur-juice fuelled vehicles.
Commenting on his competitors’ slower move to electric vehicles, Volvo Cars’ new CEO Jim Rowan is promoting a different approach, and cautions his competitors against hedging their bets by investing heavily in internal combustion engines (ICE) as they “risk missing the market.”
The battery-powered version of GM’s Equinox crossover, for example, will start around $30,000 when it arrives this fall, the carmaker has said. That is $3,400 more than the least expensive gasoline-fueled Equinox. But factoring in government incentives, the electric Equinox should be cheaper. Like all electric vehicles, the car will need less maintenance, and the electricity to power it will cost less than the gasoline used by its combustion engine equivalent.
The article also makes the point that the EV will require less maintenance, and “the electricity to power it will cost less than the gasoline used by its combustion engine equivalent.”
What’s more, the Hyundai Ioniq 6 and the Nissan Ariya, both EVs, are also finalists for the overall 2023 World Car of the Year award. Interestingly the Nissan Ariya didn’t make the final cut for the EV of the Year 🤔. The Kia Niro is a contender for the overall award. The Kia Niro is available as a hybrid, a plug-in hybrid, and a full-time EV.
Other EVs that made the final cut in other categories »
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