Cadillac's first foray into the electric vehicle market was the Cadillac ELR, which came out earlier this year. The more affordable electric vehicle sells for around $30,000. Reports now indicate the luxury OEM will up the ante against Tesla with the an advanced all-electric luxury sedan to go head-to-head with the Tesla Model S and D.
Tesla Motors Inc. could have another competitor to deal with when Cadillac brings its fully-electric luxury car in the market in a few years. The GM-owned marque has a roadmap to challenge Tesla with its own eco-friendly motoring.
ValueWalk.com article here
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Background article: Cadillac Unveils Electric Model