Cadillac tops 100,000 EV sales as Tesla owners switch
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Cadillac has achieved a significant milestone by selling over 100,000 electric vehicles (EVs) in the U.S. since 2022, primarily driven by the Lyriq model. Notably, around 75% of these buyers are new to the brand, with many transitioning from competitors like Tesla and Mercedes-Benz. However, Cadillac faces future challenges, including the expiration of federal tax credits and increasing competition from companies like Rivian.
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