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Stock impact report

GM's Cadillac is said to plan to introduce electric vehicle in fight against Tesla [CNBC]

General Motors Company (GM) 
Last general motors company earnings: 2/5 08:05 am Check Earnings Report
US:NYSE Investor Relations: gm.com/investors/index.html
Company Research Source: CNBC
GM's Cadillac is said to plan to introduce electric vehicle in fight against Tesla Andrew Harrer | Bloomberg | Getty Images A worker wipes the logo of the General Motors Cadillac brand display ahead of the 2017 New York International Auto Show (NYIAS) in New York earlier this year. Cadillac is expected to become General Motors' Tesla 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. GM had previously focused on making electric vehicles under its mass market Chevrolet brand, including its plug-in Chevrolet Volt and battery electric Bolt. GM a Show less Read more
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