Wednesday, June 16, 2021
News All-New Cadillac Lyriq Pricing Revealed And Will Be More Affordable Than Thought

All-New Cadillac Lyriq Pricing Revealed And Will Be More Affordable Than Thought

The all-new Cadillac Lyriq will unexpectedly be priced to compete with the Tesla Model Y, below $60,000


  • GM has confirmed that pricing will start under $60,000.

  • Initially, most believed pricing was to begin in the $75,000 range.

  • The Cadillac Lyriq will be the first electric vehicle from GM built on the Ultium platform.


This is big news and possibly a shock to other manufacturers planning to launch luxury SUVs in the near future. Priced under $60,000, this means the all-new Cadillac Lyriq will compete with a far broader range of electric SUVs.

Cadillac LYRIQ EV Crossover Revealed

GM is certainly being aggressive with its future EV plans, as demonstrated by this announcement. Steve Carlisle, president of General Motors North America, said at the JP Morgan Auto Conference, that the EVs will replace the internal-combustion engine vehicles and be priced accordingly.

Automotive News (subscription required) reports the following: “We need to be in the same price zone,” said Carlisle. “This car will need to be priced similar to how the industry prices midsize lux SUVs today, maybe a slight premium at the outset. It’s a price that won’t be high five digits. It won’t start with a seven and it won’t start with a six.”

Cadillac LYRIQ | Photo: Cadillac

The Cadillac Lyriq is XT5-sized and if it is to replace it or sold alongside it, it cannot be priced $15,000 or $25,000 more. The 2020 XT5 is priced from just over $44,000 in the US. With AWD, pricing jumps about $3,000. We can speculate that $55,000 for a RWD example would make sense however we’re still ways away from any official pricing information.

Production of the Lyriq is set to debut near the end of 2022.

Cadillac LYRIQ | Photo: Cadillac

Cadillac LYRIQ | Photo: Cadillac

Trending Now

Ford Recalling 18,000 Super Duty Pickups For Wheels That Might Fall Off

All are equipped with dual rear wheels and front hub extenders. These front hub extenders are improperly torqued into place. If you own one...

Nissan Set to Drop Sedans in Japan, Turn Skyline into SUV?

Just 5,800 Nissan sedans sold in Japan last year Global Nissan sedan sales half of just five years earlier It's not just in North...

All-New 2022 Audi A3 Priced From $33,900

Once more, only the sedan comes to America. The new S3 retails for $44,900. The new A3 is larger and more premium. As is...

Ford F-150 Lightning Has 100,000 Pre-Orders And Counting

Ford’s EV product run will also include an electric version of the Explorer. The Lightning was revealed on May 19th. Based price in...

This F-150 is the Best Retro Pickup Yet

Retro paintwork combines with retro light bar Offered new by Ford dealer and gets Rousch Performance gear If you're looking for the coolest retro...
Matt St-Pierre
Matt St-Pierre
Trained as an Automotive Technician, Matt has two decades of automotive journalism under his belt. He’s done TV, radio, print and this thing called the internet. He’s an avid collector of many 4-wheeled things, all of them under 1,500 kg, holds a recently expired racing license and is a father of two. Life is beautiful. Send Matt an emai

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.