GM Scales Back EV Rollout, Plans New Gas-Powered Cadillacs and Chevrolets

General Motors announced that it will introduce a new generation of internal-combustion-engine (ICE) Cadillacs beginning next spring and continuing through 2028. The lineup will include updated versions of the CT5 sedan, XT5 midsize SUV and three-row XT6 SUV. Chevrolet will also add a gas-powered crossover to replace the Bolt EV at the end of the year, while its existing Equinox EV, Blazer EV and Silverado EV will remain on sale.

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Electrek reported that Chevrolet is the second-most popular EV brand in the United States behind Tesla, and that Cadillac had originally pledged to sell only electric models by 2030. The company’s EV-focused plans have been scaled back, with the 2027 Chevy Bolt EV RS slated for limited production and the possibility of a “significant update” to the Blazer EV in 2028 left uncertain.

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CNBC noted that GM has recorded $10.9 billion in EV-related charges since the second half of last year, of which $7.2 billion will affect cash flow and $4.5 billion had already been paid through the second quarter of 2026. Despite these charges, GM raised its full-year adjusted profit guidance to $14 billion-$16 billion.

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Electrek highlighted that Hyundai’s IONIQ 5 now outsells the Chevy Equinox, making Hyundai the third-most popular EV in the United States. Hyundai has also opened a $5 billion battery plant capable of producing about 35 GWh of cells annually, enough for roughly 300,000 EVs. Toyota’s bZ series and upcoming models such as the Rivian R2, BMW iX3 and Tesla Model Y L are further intensifying competition. GM’s senior vice president and president of North America, Duncan Aldred, has warned that customers who switch to an EV tend to remain with electric vehicles for subsequent purchases, questioning the rationale for a renewed ICE focus.

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Mary Barra, GM’s chief executive, said the upcoming Cadillacs will be sold alongside the brand’s current electric crossovers and Escalade SUV, and that the shift reflects a broader pullback in EV development across GM’s portfolio. She also reiterated plans to “onshore significant manufacturing” by expanding full-size SUV production at a Michigan plant that had previously been slated for EV output.

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• “Starting next spring and continuing into 2028, we will begin launching the next generation of Cadillac ICE [internal combustion engine] vehicles,” — Mary Barra, gm’s CEO

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