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Stock impact report

GM Sharpens a New Weapon to Surprise Tesla and Ford [TheStreet.com]

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: TheStreet.com
Say this much for Cadillac: they ain't thinking small.The General Motors'(GMGet General Motors Company ReportFirst Electric OfferingLyriq is Cadillac's first-all-electric offering and the company, which aims for an all-electric portfolio by 2030, said its luxury SUV/crossover has an EPA estimated 312 miles of range on a full charge.The median range of a 2021 model year electric vehicle was 234 miles.Lyriq is based on the Ultium platform, a modular setup that will underpin all kinds of vehicles in the GM family.The Lyrig RWD has a starting price of $62,990, while the all-wheel-drive will cost an additional $2,000 and come with a second drive unit, which the carmaker says will be placed at the front of the vehicle to boost dynamics and performance.Cadillac will start taking orders for Lyriq on May 19 with RWD deliveries expected to start this fall.AWD deliveries will start in early 2023 and Cadillac said it expects to announce the EPA-estimated range closer to the start of production.'L Show less Read more
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