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General Motors on Monday began production of an electric Cadillac sports utility vehicle that could soon become the company’s best-selling EV.
Being manufactured in Spring Hill, Tenn., the Lyriq is the company’s third electric model, with prices starting at $59,000. GM will begin taking firm orders for the vehicle on May 19 and said it has a waiting list of approximately 240,000 potential customers.
“We’ve seen incredible customer demand,” GM president Mark Reuss said on a conference call. “An incredible day in Spring Hill. We feel good about what’s going to happen here in the next few months.”
The Lyriq is one of more than 20 electrified models that GM plans to introduce in the United States over the next three years. The company aims to offer only electric vehicles by 2035.
The new Cadillac comes as several automakers add EVs to compete with Tesla. Ford Motor will start production Electric version of the F-150 pickup truck next month. Rivian, a start-up, started making an electric pickup and an electric SUV. production is severely restricted due to the scarcity of computer chips until now.
The Lyriq joins the Chevrolet Bolt compact and GMC Hummer in GM’s electric lineup. Bolt has had modest sales since its 2017 model debut, and production was halted as automaker and battery supplier LG Electric corrected manufacturing errors. asked to call back All 140,000 Bolts sold in the United States. Bolt production is scheduled to resume on April 4.
The GMC Hummer is a luxury model with limited sales potential, starting at $110,000.
The Spring Hill facility makes the Lyriq on an assembly line that also produces three petrol SUVs – the Cadillac XT5 and XT6 and the GMC Acadia. Mr Reuss said the plant could produce less than 200,000 vehicles a year and could shift production predominantly to Lyriq if needed.
GM spent $4.5 billion re-equipping the plant to make all four models and set up a battery plant on site. Battery plant not completed. Another GM battery factoryIt is expected to begin production this summer near Lordstown, Ohio.
The Spring Hill factory opened in 1990 and produced cars for GM’s Saturn brand, which was closed in 2009.
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