Cadillac’s first all-electric crossover now has an official price
Cadillac first introduced the Lyriq, its first all-electric vehicle, almost two years ago. In the months that followed, Cadillac announced that the Lyriq would be just the very beginning of its EV ambitions, with the goal of making the brand fully electric by 2030. But details on when and how consumers could actually buy the Lyriq were rare, to say the least.
This week, Cadillac finally broke its silence by putting the Lyriq’s starting price on the books. The “Luxury” edition of the 2023 Cadillac Lyriq will start at $62,990 for the RWD model, while the AWD model will bump the price up to $64,990. Early bookings for the “Debut” edition of the Lyriq will be $59,999.
Against all odds, the company plans to release the luxury crossover this fall, although those who have reserved the Debut should actually see their vehicles arrive this summer. Orders for the single-motor RWD version and the dual-motor AWD version will go on sale this Thursday, May 19 on Cadillac’s website.
Prices for luxury — As you’d expect from an all-new Cadillac, the price here reflects the company’s commitment to luxury. Cadillac isn’t targeting the same audience as Chevy with its $33,500 Bolt here. Tesla’s Model Y – which also starts at $62,900 – is closer to where the Lyriq will land.
Both the interior and exterior of the Lyriq are as sleek and powerful as you’d expect from a Cadillac. New design elements like a 33-inch curved touchscreen — across the entire front dash! – add a touch of modernity to the existing Cadillac formula. Features like Super Cruise (hands-free driver assistance), over-the-air updates, and active noise cancellation make that price more palatable.
As far as practical specs go, the RWD Lyriq should go about 312 miles on a full charge, just six miles less than the Model Y. Range for the AWD version has yet to be rated by the EPA. .
Just the beginning – The Lyriq is built on Cadillac’s new Ultium platform, which incorporates the most compact and highest capacity battery cells possible in the car’s floor. This platform will be used for many other Cadillac vehicles in the future; the company has promised 20 or more electric vehicles by 2023, likely a mix of hybrid and fully electric vehicles.
In fact, GM is so committed to an all-electric future that it told Cadillac dealers in November to get on board or stop selling the brand’s vehicles.