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2024 Cadillac Lyriq introduces base trim with lower price and fewer features

As reported by GM authority, the 2024 Cadillac Lyriq EV will have a revamped entry-level trim. The Lyriq initially had a relatively high price, but it wasn't significantly more expensive than many competing electric crossovers.  However, with a lower cost trim option of $57,195, the Lyriq become marginally more accessible. Although the entry-level “tech RWD” version has fewer features and options for 2024, the luxury and sport trim have expanded equipment.  For instance, the Tech version does without a number of luxuries, including a heated steering wheel, rain-sensing wipers, a back camera mirror, ambient cabin lighting, a power tilt and telescoping...

GM invests in world’s third largest lithium mine to secure EV battery supplies

Following in the footsteps of other automakers, General Motors has secured EV material production by dedicating $650 million in investments towards the largest lithium mine...

EV battery maker Our Next Energy raises $300 million in latest fundraising round

Our Next Energy (ONE), a manufacturer of EV batteries, announced that it raised $300 million in its most recent round of funding, valuing the...

Hyundai starts the year off strong with record breaking January sales

Yesterday, Hyundai released its January sales report, offering good news for investors and dealers alike. The company started 2023 off strong by selling 52,001 units...
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