Cadillac to unveil the all-electric Escalade IQ in late 2023

Common Motors right now introduced it should unveil an all-electric model of the Escalade later this yr. It’s known as the Escalade IQ, which follows the identical title scheme utilized by the remainder of the Cadillac fleet of Lyriq, Celestiq, Mystiq, Vistiq, and Lumistiq. Why the IQ on the finish? Cadillac says “The IQ naming technique celebrates Cadillac introducing a distinct kind of EV to the market — one which works in tandem with individuals’s every day lives and environments.” Okay, positive.

No different particulars in regards to the upcoming automobile had been launched together with automobile options, electrical vary, or pricing. These particulars will seemingly be launched later this yr. Let’s speculate!

The Escalade IQ will seemingly be constructed off the following technology Ultium platform, the identical modular EV platform utilized in each fashionable GM EV from the sporty Blazer EV to the monstrous Hummer EV. Final week, Common Motors’ newly named president of North America, Rory Harvey, informed the media the upcoming Silverado EV will characteristic a 450 mile electrical vary. There’s an excellent likelihood the Escalade IQ will characteristic an identical vary.

Don’t count on a discount. Common Motors and Cadillac have proven just lately its in a position to value its automobiles on the high of their vary. Cadillic’s upcoming flagship EV sedan, the Celestiq, will begin round $300,000 although will seemingly be much less accessible and extra unique than the Escalade IQ. The GMC Hummer EV usually sells north of $150,000 (if you’ll find one). The identical goes for the mid-engine Corvette C8, which technically begins at $65,000, however quite a bit are bought well-above the window value with some climbing north of $150,000.

Assume the Escalade IQ will probably be too costly on your price range? There’ll seemingly be a lower-cost different, too: The Chevy Suburban.

The present Cadillac Escalade and Chevrolet Suburban are almost twins with comparable capabilities and near-identical dimensions. That’s by design. The Cadillac Escalade nameplate has been atop the Cadillac lineup because the late ’90s. On the time, when gasoline was low-cost and the market craved enormous SUVs, Common Motors noticed a possibility to print cash. The automaker took its full-size SUVs, the Chevrolet Tahoe and Suburban, and upgraded the inside with higher seats and softer leather-based and slapped the Cadillac crest on tailgate. The outcome was successful, and it’s been a top-seller since its debut. Now, with its Ultium platform, Common Motors is more likely to produce a luxurious, full-size SUV (the Escalade IQ) and a pedestrian model within the Chevy Suburban.

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