Cadillac CT6 PHEV Also Set to Be Chinese Import
General Motors announced that it would begin importing the Buick Envision for sale in the United States, making that vehicle only the second in history to be built in China and sold in America. Now, it appears that the Cadillac CT6 plug-in hybrid will be the third, as plans are calling for it to be imported from China when the new flagship sedan hits the market later this year.
According to Uwe Ellinghaus, Cadillac’s chief marketing officer, the CT6 PHEV will only be built at one plant in China. It seems that the reasoning for this has much to do with the Chinese government better incentivizing the purchase of plug-in hybrids, likely leading to increased sales. China also heavily taxes imported vehicles, meaning that if that country winds up being the primary market for the CT6 PHEV, building that model domestically just makes the most economic sense.
“[China] will be the largest market for electrified vehicles,” General Motors President Dan Ammann told Bloomberg Business. “The next generation of fuel-economy rules in China will be quite stringent at the end of this decade and into the next.”
Should the market for the CT6 PHEV in the United States exceed what is expected, it is not unlikely that manufacturing would be added in North America to meet demand.
News Source: Bloomberg Business