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General Motors is slashing the prices of its Cadillac Lyriq by almost 14% amid heightening competition in China’s EV market. The move comes days after Volkswagen introduced a “historical low price” offer on its ID.3 electric car.

According to the company’s website and social media, the Cadillac Lyriq now starts at 379,700 yuan ($52,443), down 13.65% from its previous price of 439,700 yuan ($60,730).

Cadillac launched pre-orders of the all-electric Lyriq luxury SUV in China last November with a starting price of 479,900. Deliveries began just before the end of the year. Lyriq prices are down over 20% from when it was launched under eight months ago.

Based on GM’s Ultium platform, the Cadillac Lyriq has 608 km (377 m) CLTC range. The SUV produces up to 375 kW (502 hp) and 710 Nm max torque powered by two electric motors.

The inside features GM’s latest Virtual Cockpit System with 33.8-inch infotainment. The Lyriq stays true to Cadillac’s luxury roots with premium massaging front seats, a crystal electric control knob, a panoramic glass dome, and a 19-speaker studio-grade sound system.

Cadillac cuts Lyriq prices in China amid EV competition

GM’s Cadillac Lyriq price drop comes just days after Volkswagen revealed a limited-time offer on its smallest electric car, the ID.3.

Volkswagen’s ID.3 deal starts at 125,900 (roughly $17,500), down over $5,000 from its original prices, according to the company’s JV SAIC-VW.

After dominating the market, the German automaker watched overall sales fall 3.6% last year as the market transitions to pure EVs. Volkswagen sold just over 11.3K EVs in China in May, representing 2.9% of the market, down from 3.2% last year.

VW-ID.3-price-China
SAIC-VW ID.3 electric car (Source: SAIC-VW)

Volkswagen is facing intensifying pressure from shareholders regarding the China market. At the automaker’s general meeting in May, Shareholders brought up the increasing competition from Tesla and BYD.

CEO of Volkswagen Group, Oliver Blume, acknowledged the market in China was rapidly transitioning toward electric, highlighting its plans to remain competitive. Blume says the company will create EVs designed for buyers in China by working with local partners to win back market share.

Electrek’s Take

Domestic automakers like BYD and EV makers like Tesla continue to take their share of the Chinese auto market.

With the BYD starting at 116,800 yuan ($16,100) and the Yuan Plus starting at 134,000 yuan ($18,500), foreign automakers like Volkswagen and GM are having difficulty competing on price.

Meanwhile, the premium market is also gaining competition with Tesla and other domestic EV makers like NIO, taking from the luxury market. BYD sold nearly 30K Dolphin electric cars in May alone, about 11 times the ID.3.

In comparison, GM sold just over 900 Cadillac Lyriq models in the first three months of the year. Back in the US, GM is struggling with battery production as it works to bring its four Ultium battery cell plants online.

GM sold 1,348 Lyriq EVs in the US in the second quarter, up from 968 in Q1. Hummer EV sales fell 83% from last year, with only 47 sold in the second quarter. The Bolt EV and EUV continued carrying GM’s sales with 13,959 of the 15,652 EVs sold in Q2.

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First Solar opens a Louisiana factory that’s 11 Superdomes big

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First Solar opens a Louisiana factory that’s 11 Superdomes big

First Solar just cut the ribbon on a huge new factory in Iberia Parish, Louisiana, and it dwarfs the New Orleans Superdome. The company’s $1.1 billion, fully vertically integrated facility spans 2.4 million square feet, or about 11 times the size of the stadium’s main arena.

The factory began production quietly in July, a few months ahead of schedule, and employs more than 700 people. First Solar expects that number to hit 826 by the end of the year. Once it’s fully online, the site will add 3.5 GW of annual manufacturing capacity. That brings the company’s total US footprint to 14 GW in 2026 and 17.7 GW in 2027, when its newly announced South Carolina plant is anticipated to come online.

The Louisiana plant produces First Solar’s Series 7 modules using US-made materials — glass from Illinois and Ohio, and steel from Mississippi, which is fabricated into backrails in Louisiana.

The new factory leans heavily on AI, from computer vision that spots defects on the line to deep learning tools that help technicians make real‑time adjustments.

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Louisiana Governor Jeff Landry says the investment is already a win for the region, bringing in “hundreds of good-paying jobs and new opportunities for Louisiana workers and businesses.” A new economic impact analysis from the University of Louisiana at Lafayette projects that the factory will boost Iberia Parish’s GDP by 4.4% in its first full year at capacity. The average manufacturing compensation package comes in at around $90,000, more than triple the parish’s per capita income.

First Solar CEO Mark Widmar framed the new facility as a major step for US clean energy manufacturing: “By competitively producing energy technology in America with American materials, while creating American jobs, we’re demonstrating that US reindustrialization isn’t just a thesis, it’s an operating reality.”

This site joins what’s already the largest solar manufacturing and R&D footprint in the Western Hemisphere: three factories in Ohio, one in Alabama, and R&D centers in Ohio and California. Just last week, First Solar announced a new production line in Gaffney, South Carolina, to onshore more Series 6 module work. By the end of 2026, the company expects to directly employ more than 5,500 people across the US.

Read more: First Solar pours $330M into a new South Carolina solar factory


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Chevy previews a sporty new EV, but will it actually come to life?

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Chevy previews a sporty new EV, but will it actually come to life?

No, it’s not the new Bolt. GM’s design team previewed a new high-riding “sporty Chevrolet EV” that should be brought to life.

Is Chevy launching a new sporty EV?

This is the all-electric vehicle Chevy should sell in the US. General Motors’ design team released a series of sketches previewing a sporty new Chevy EV.

Although it kinda looks like the new 2027 Chevy Bolt EV as a higher-sitting compact crossover SUV, the design offers a fresh take on what it should have looked like.

The new Bolt is essentially a modernized version of the outgoing EUV model with a similar compact crossover silhouette. Nissan adopted a similar style with the new 2026 LEAF as buyers continue shifting from smaller sedans and hatchbacks to crossovers and SUVs.

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Will we see the sporty Chevy EV in real life? It’s not likely. For one, the “exploration sketch” is by GM China Advanced designer Charles Huang.

GM Design posted the sketches on its global social media page, but the caption read “Sporty Chevrolet EV for the China Market.”

It’s too bad. The Bolt could use a sporty sibling like an SS variant. Chevy introduced the Blazer EV SS (check out our review) for the 2026 model year, its fastest “SS” model yet. Packing up to 615 horsepower and 650 lb-ft of torque, the Chevy Blazer SS can race from 0 to 60 mph in 3.4 seconds when using Wide Open Watts (WOW) mode.

Will the Bolt be next? I wouldn’t get my hopes up. And if GM does bring the sporty Chevy EV to life, it will likely only be sold in China. Like all the fun cars these days.

Chevy-sporty-new-EV
The 2027 Chevy Bolt EV RS (Source: Chevrolet)

What do you think of the design? Would you buy one of these in the US? Let us know your thoughts in the comments.

While deliveries of the 2027 Bolt are set to begin in early 2026, Chevy is offering some sweet deals on its current EV lineup, including up to $4,000 off in Customer Cash and 0% APR financing for 60 months.

Ready to test drive one? You can use our links below to find Chevy Equinox, Blazer, and Silverado EVs at a dealership near you.

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Podcast: Electricity is the base currency, Tesla Robotaxi crashes, new Porsche Cayenne EV, and more

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Podcast: Electricity is the base currency, Tesla Robotaxi crashes, new Porsche Cayenne EV, and more

In the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. In this week’s episode, we discuss electricity becoming the base currency, Tesla Robotaxi crashes, the new Porsche Cayenne EV, and more.

The show is live every Friday at 4 p.m. ET on Electrek’s YouTube channel.

As a reminder, we’ll have an accompanying post, like this one, on the site with an embedded link to the live stream. Head to the YouTube channel to get your questions and comments in.

After the show ends at around 5 p.m. ET, the video will be archived on YouTube and the audio on all your favorite podcast apps:

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We now have a Patreon if you want to help us avoid more ads and invest more in our content. We have some awesome gifts for our Patreons and more coming.

Here are a few of the articles that we will discuss during the podcast:

Here’s the live stream for today’s episode starting at 4:00 p.m. ET (or the video after 5 p.m. ET:

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