Cadillac Escalade IQ to be revealed this year
Automotive Newshas reported that the Escalade IQ is expected in 2024 and may be built at GM’s Factory Zero plant in Detroit.
Ford signs deal with Nemaska Lithium in push to boost EV output
The deal with the Canadian lithium company comes as North American automakers race to secure supplies of battery materials to boost EV output.
U.S. consumers want EVs, but cost and range remain issues, survey finds
About half of U.S. consumers who own gas or diesel vehicles are considering a hybrid or electric vehicle and many hope to buy one within the next two years. Affordability and range remain obstacles for many would-be buyers, however.
Suppliers want more insight into EV plans, Plante Moran study shows
Suppliers, already juggling higher costs and choppy vehicle assembly schedules, need more insight into automakers’ long-term electrification plans so they can create efficient strategies of their own, according to the annual study.
CarMax leads new used-vehicle tally
CarMax, formerly the longtime leader of Automotive News’ annual ranking of the top 100 U.S. dealership groups by used-vehicle sales volume, moves over to a new list.