Cadillac’s EV lineup will additional increase with a compact SUV known as the Optiq.
In a short announcement Friday, the Basic Motors luxurious model confirmed the Optiq because the “entry level for Cadillac’s EV lineup in North America,” sitting beneath the Lyriq. Additional particulars will come subsequent yr, that means the Optiq is prone to launch as a 2025 mannequin.
At present’s lowest-priced Cadillac is the CT4 sedan, beginning at about $35,000. However the Lyriq, the one Cadillac EV at the moment on sale, is way pricier. The 2024 Lyriq begins at $59,990 and has an expanded lineup of trim ranges and choices this yr, following a restricted launch for the 2023 mannequin yr.
2024 Cadillac Optiq
The Lyriq is made at GM’s former Saturn plant in Tennessee. GM hasn’t stated but the place the Optiq can be constructed however it’ll probably be made in North America to qualify for the EV tax credit score making use of to SUVs and crossovers priced below $80,000.
Cadillac introduced it was going all-EV and shifting to mannequin names rather than alphanumeric mixtures like CT4 again in December 2019, but it surely’s been reasonably slow-going within the shift to this point, with just one EV provided, in comparatively restricted quantity (though beginning to choose up now).
The Optiq is certainly one of three Cadillac EVs that the model had stated would debut in 2023, with all three scheduled to enter manufacturing in 2024, with particular launches various by market. Additionally amongst them is the 2025 Escalade iQ revealed this summer time. Cadillac’s Celestiq flagship, revealed final yr, can be due to enter manufacturing on the finish of the yr.