Which Three Hot New Cadillac EVs Will Debut This Year?
With the 2023 Cadillac Lyriq electric midsize SUV ramping up production and preparations being made to hand build the 2024 Cadillac Celestiq super-luxury sedan later this year, it’s time to start showing more EVs for the brand. Cadillac will reveal three new EVs this year and they will go into production in 2024, Global Cadillac Vice President Rory Harvey told reporters today. They are all global vehicles, to be built in multiple locations, so assembly and rollout will be at different times for various regions.
Locations and dates for the unveilings are still being worked out, Harvey says. He would not disclose details of what segments they will compete in, but Cadillac’s future lineup is expected to ultimately include the Lyriq, Celestiq, and future Optiq and Symboliq, another sedan/coupe, and an electric version of the Escalade full-size SUV.
MotorTrend has previously reported that an electric crossover comparable in size to the Cadillac XT4 will be the second EV for the brand after the Celestiq. The Chevy brand has the 2024 Chevrolet Equinox EV and the 2024 Chevrolet Blazer EV in the works, so similarly-sized Cadillac SUVs makes sense. The GMC Hummer EV SUV lays down a track for a similarly large electric Cadillac Escalade, potentially.
Cadillac will have an all-electric portfolio by 2030 and will be the lead GM brand when it comes to EVs. All will use GM’s Ultium battery management system that is scalable for all sizes and types of vehicles. And the future EVs will have enhanced Super Cruise known as Ultra Cruise that debuts on the Celestiq.
Lot of Interest in Cadillac Celestiq
Cadillac has not started taking orders for the Celestiq (nor is doing an armored version yet—we asked) but Harvey says production of the first customized and hand-built limo-like car will start in December. Interest is strong in the bespoke vehicle that will start at more than $300,000 and can easily add $100,000 to customize.
While Cadillac is not providing volume figures, planned output is two models a day, with no more than six vehicles in the assembly process at any one time. Given the number of interested handraisers, it could take 18 months to catch up to demand.
Cadillac Lyriq Ramping Up
Cadillac opened the order books for its first EV, the 2023 Lyriq SUV, last May for deliveries to start in the fall of 2022—nine months ahead of the original schedule. The first models off the line at the plant in Spring Hill, Tenn. and a second plant in China, were an undisclosed number of well-equipped Debut Editions with limited colors, a single motor in the rear, and a bargain price of $59,990. The limited run was sold out in 10 minutes.
The rest of the 2023 model year, with a starting price of 62,990, was sold out within hours and many on the waiting list will get a 2024 model, which will give them a wider choice of colors and the option for dual motors for all-wheel-drive capability. There is also a new entry-level Tech trim for 2024 that starts at $58,590. There were some software issues in the early phase of the production ramp-up and delays for final inspection and shipping, which resulted in Cadillac building more than 8,000 vehicles in 2022 but only delivering about 120, according to GM Authority.
The bugs have been resolved, Harvey says. Later this week Cadillac will have shipped 1,000 units over 30 days and the momentum will continue to climb. Harvey says all the Debut Editions will be delivered by the end of this quarter. He would not say how many orders overall are waiting to be filled or what percentage of customers will receive a 2024 model instead of 2023 due to the backlog.
Cadillac sold 354,000 vehicles globally in 2022, enjoyed almost 14 percent growth, had its best-ever year in Canada and one of its best in the U.S., gaining market share, taking the full-size luxury SUV crown with the Escalade, and even boosting sedan sales by 40 percent.
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