It's quite possible that they are preparing to announce the end of the Chevy Bolt and the beginning of the much more expensive Cadillac Xxxxx. I hope I'm wrong because I like the idea of more affordable BEVs, but it wouldn't surprise me and I couldn't blame GM one bit for making the change.
Well, in 2017 - in absence of ANY competition in the sub-70K price range - a $50-60K e-Cadillac on the same 60 kWh LG platform, only with a less primitive suspension, more efficient battery insulation, 2" wider and at least 5-6" longer + smoother line for sophisticated looks and better aero, with comfortable front seats and more luxurious trim, perchance 2 motors would probably sell better and be profitable.
But now it's 2019 and I think the EV public in the US has already decided that there is The Tesla
and there is a bunch of Tesla-killer wannabees who continue to embarrass themselves.
In a way, it reminds me of the situation around 2010, when in the there was The Prius
and a bunch of half-assed wannabees who just couldn't get their wit together.
Tesla has shown the world who the bulk of the EV buying segment is and how one can potentially make profit selling BEVs. Chevrolet and everyone else has shown how to lose money selling BEVs.
Tesla has shown the world that a car company can take big losses, year after years, on their products, while making billions of 100% pure profit from the greenhouse credits. It reminded me of the medieval practice when the Holy Church flogged indulgences to the great sinners