President of Cadillac, Steve Carlisle announced that the company will reinvent itself, yet again, over the next decade as an entire electrically-powered brand
"Escalade is an awesome name," Carlisle said, referring to its flagship full-size SUV that dealers and loyal Cadillac customers covet.
There was a plug-in hybrid version of the CT6 sedan, launched in 2016, but it was assembled in China, and never got traction in the U.S. Reuters, citing supplier sources, reported that Cadillac plans to introduce a compact electric SUV in China in 2022, with a similar model scheduled for U.S. production in late 2023, most likely at its Detroit-Hamtramck assembly plant that will undergo a $3 billion renovation and retooling.Several major challenges must be overcome.
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