2023 GM Cadillac Lyriq start of production
GM said Tuesday it won't respond to the recent EV price cuts from Tesla and Ford.
  • Tesla spurred an EV price war earlier this month, with price cuts to its most popular models.
  • Ford responded with similar cuts to the Mustang Mach-E earlier this week.
  • But GM said Tuesday it won’t make cuts to its electric vehicles.

General Motors says it's staying out of the industry's electric vehicle price war, which has been heating up since the start of the year.