Cadillac's new luxury EVs are quickly catching on, especially among Tesla owners
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There's been a rise in Tesla owners switching over to Cadillac EVs, exec says
Cadillac said its EVs have a conquest rate of about 75% — or the percentage of sales coming from customers switching brands — with 10% being former Tesla owners.Artur Widak/NurPhotoCadillac said it's seeing a rise in Tesla owners switching to its Lyriq EV models.Cadillac has expanded its EV lineup, and California registrations have increased by 60% year over year.The automaker's growth comes as Tesla had a tough first quarter and experienced dec…
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Leaning Left2Leaning Right0Center0Last UpdatedBias Distribution100% Left
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