The Lyriq SUV is now in production in Tennessee. The upcoming ultraluxury sedan Celestiq will be built in Michigan.
Cadillac earlier this year said it plans globally to reveal three new products this year for launch in 2023 as it seeks to become an EV-only brand by 2030. The Escalade IQ is the first to be announced. “The Cadillac Escalade IQ will be revealed later this year and promises the same commitment to craftsmanship, technology and performance that has helped the Escalade nameplate dominate the large luxury SUV segment for the last 20 years,” according to the company’s announcement.
The IQ naming strategy, it adds, is meant to introduce a “different type of EV to the market — one that works in tandem with people’s daily lives and environments.” GM sold 40,247 Escalades in 2022. It’s not alone in entering the three-row SUV EV space. Kia Corp. last month unveiled the EV9 at the New York International Auto Show.The Silverado will first be produced in small numbers for fleet buyers with a range of 450 miles a charge, then for retail customers this fall at a price of about $40,000 and with a battery that can last for 350 miles, topping Ford’s Lightning model by about 30 miles.
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