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Blog Cadillac Announces All-Electric Future

Cadillac, with a history of boat-like gas guzzlers, announced Wednesday that it will only produce battery-powered electric vehicles going forward.

“Every new Cadillac, that we introduce from this point on in North America will be a state-of-the-art luxury electric vehicle,” said Rory Harvey, vice president of Cadillac sales, service and marketing, during the announcement.

The automaker also introduced the production version of the 2023 Cadillac LYRIQ. The electric luxury SUV is running ahead of schedule and customers may place order reservations beginning in September 2021, with initial availability starting the first half of 2022.

The vehicle will leverage GM’s Ultium Platform and is expected to have a range of about 300 miles. LYRIQ also offers high-speed DC fast charging for public stations at 190 kW, enabling customers to add an estimated 76 miles of range in about 10 minutes.

LYRIQ pricing will start at $59,990.

GM is making an aggressive push into electric vehicles, planning 30 new EVs by 2025. The company previously announced a $2.2 billion investment in a plant to produce the vehicles. One of the first will be the GMC Hummer EV pickup followed by the Hummer EV SUV. First deliveries of the Hummer EV are expected later this year.

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I wonder what is taking them so long? All the GM EV efforts have been well-engineered starting with the EV1, and they have the largest EV R&D facility in the US, perhaps the world.
Seems like they are dragging their heels, which could mean they are running out money.