Cadillac has released the first images of its brutish Escalade V high-performance SUV. Get all the latest auto industry news in the Executive Briefing.

Today’s Headlines: 

+   General Motors and LG Energy Solution are to set announce joint investments of more than $6.5 billion this coming week in electric truck and battery plants in Michigan. More at Reuters. 

+   Consumer Reports and the Insurance Institute for Highway Safety (IIHS) will begin rating vehicles on how well they track the behavior of motorists using driver-aid systems. More at The Detroit News. 

+   Shelby has rolled out its version of the third-generation Ford F-150 Raptor sporting a 3.5-liter EcoBoost V6 with more than 525 horsepower and 610 pound-feet of torque. More at Autoblog. 

+   Speedway Motorsports PCEO Marcus Smith told the Wilkes County Chamber of Commerce that the revival of North Wilkesboro Speedway is continuing to move forward. More at Jayski. 

+   Cadillac has revealed the first full images of its new Escalade V high-performance SUV but has yet to divulge any technical details about the supercharged colossus. More at Car and Driver. 

+   Lamborghini chairman and CEO Stephan Winkelmann confirmed that the successor to the current Aventador will be a plug-in hybrid with a newly designed V12 engine. More at The Drive. 

+   Ford is recalling about 200,000 cars in the USA, including Ford Fusions, Lincoln MKZs, and Ford Mustangs, to correct a defect that can stop the brake lights from turning off. More at the Detroit Free Press. 

+   The Bonhams motorcar division has announced its full 2022 auction schedule, which includes a new event at the Gstaad Palace Hotel in Switzerland and another in Italy. More at ClassicCars.com Journal. 

+   Volkswagen AG agreed to a $3.5 million settlement with the state of Ohio over claims the German automaker violated state laws in the dieselgate engine software scandal. More at Yahoo! Finance.  

+   Formula 1’s new fuel regulations requiring E10 fuel with a 10 percent bio component  will cost teams approximately 20 horsepower this season, says Mattia Binotto of Ferrari. More at Racer. 

Photo courtesy of General Motors. 

Review the previous Executive Briefing from January 21 here.