DETROIT — General Motors is developing a high-performance electric all-wheel-drive system for the next generation of Cadillac V-Series sedans and crossovers that could trickle down to GM's other rear-drive models.
Dave Sullivan, an analyst at AutoPacific, told Edmunds that other GM candidates would include Alpha-platform-based vehicles such as the Cadillac ATS and Chevrolet Camaro, and possibly a Corvette derivative.
IMHO I would believe a CTS V HYBRID before a EV version as an EV would require WAY to much in the battery department to FIT in any CONVENTIONAL car EX to offer the power + range a CADDY V series would be expected to deliver
JdN is on record stating that hybrid/plug-in hybrid variants will be available for much of Cadillac's future lineup but that an EV model won't come until Cadillac has filled out its core lineup (and by then, battery tech will have improved).
Cadillac's tweet here is interesting: https://twitter.com/cadillac/status/668443720719536129
@Cadillac: @duggbug the current #CTS #VSERIES is not electric. If you are interested in electric vehicles check out the ELR: https://t.co/d21cukJWnT
The "current" CTS-V is not electric? Doesn't that imply that a future CTS-V will be electric?
Speculate away?
The latest round of Tesla wonderment came when it reported its first quarterly profit earlier this month. TSLA stock darned near doubled in a week. Musk then borrowed $150 million from Goldman Sachs (shocking!) and floated a cool billion in new stock and long-term debt. That’s how we—the taxpayers—were repaid.
Tesla didn’t generate a profit by selling sexy cars, but rather by selling sleazy emissions “credits,” mandated by the state of California’s electric vehicle requirements. The competition, like Honda, doesn’t have a mass market plug-in to meet the mandate and therefore must buy the credits from Tesla, the only company that does. The bill for last quarter was $68 million.
Absent this shakedown of potential car buyers, Tesla would have lost $57 million, or $11,400 per car. As the company sold 5,000 cars in the quarter, though, $13,600 per car was paid by other manufacturers, who are going to pass at least some of that cost on to buyers of their products. Folks in the new car market are likely paying a bit more than simply the direct tax subsidy.
Tesla loses money because it has zero scale and like 20,000 employees under their umbrella to sell as many cars as they have employees. Meanwhile, they're also building infrastructure nation- if not worldwide.
I'm all for electric models, but it shouldn't be a V. Call it something else, and leave the V-series as they are.
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