GM Aims to One-Up Rivals With a Beast of an Electric Vehicle

Published by
The Street

By Luc Olinga Detroit giant GM is increasing production rates for an electric pickup that is seeing very high demand. General Motors (GM) – Get General Motors Company Report is lining up the pieces to counter and attack its rivals in the electric-vehicle market. The Detroit giant recently started production of the long-awaited Lyriq SUV/crossover, the car meant to compete with Tesla’s (TSLA) – Get Tesla Inc Report Model Y SUV and Ford (F) – Get Ford Motor Company Report Mustang Mach-E SUV. The Lyriq, Cadillac’s first electric vehicle, is ahead of schedule: GM intends to start delivering the fi…

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