Cadillac Optiq: New entry-level EV crossover

DETROIT – Cadillac’s new entry-level electrical automobile can be a compact-sized crossover known as Optiq, the corporate said Friday.

The General Motors model mentioned the automobile, which can be its fourth EV, will slot beneath the present entry-level Lyriq midsize crossover EV, which begins round $59,000.

Cadillac declined to reveal pricing and different specifics of the 2025 Optiq, which is anticipated to go on sale within the U.S. as early as subsequent yr. The automobile is anticipated to be offered in North America, China, Europe and doubtlessly different markets.

A Cadillac spokesman confirmed Friday that the model nonetheless plans to completely provide EVs by 2030, regardless of slower-than-expected demand for the automobiles. Cadillac initially introduced the goal a number of years. Its mum or dad firm, GM, subsequently set a goal to completely provide EVs by 2035.

Cadillac’s first EV was the Lyriq, adopted by a bespoke $300,000-plus Celestiq sedan and an upcoming all-electric model of the Escalade SUV, which begins at about $130,000.

GM, together with Cadillac, has been far slower than anticipated to roll out and produce EVs, as the corporate battled via provide chain issues and points ramping up home battery cell manufacturing.

Cadillac sold fewer than 5,400 Lyriq EVs via September. The corporate introduced earlier this week it should increase EV gross sales to Australia and New Zealand, beginning with a right-hand-drive model of the Lyriq.

“Cadillac is experiencing nice gross sales momentum due to our sturdy product portfolio — and we at the moment are increasing our enterprise globally,” mentioned John Roth, vice chairman of Cadillac, in an announcement. “The introduction of a right-hand-drive Lyriq will allow new alternatives in essential markets the place EV adoption is robust.”