- General Motors unveils its all-electric Cadillac Escalade iQ, set for production in October 2024.
- Base Luxury 1 trim starts at $129,990 (excluding $2,290 destination charge). Fully equipped models could reach $175,000.
- Dual-motor setup delivers up to 750 horsepower with a range of up to 460 miles, surpassing the GMC Hummer EV SUV’s 313-mile range.
- Despite ambitious EV goals, GM has faced production setbacks, with only the Chevy Bolt EV selling in significant numbers in 2023.
The luxurious and eagerly anticipated 2025 Cadillac Escalade iQ, General Motors’ latest foray into the electric vehicle market, is set to hit the production lines in October 2024, with prices starting at $130,000 for the base Luxury 1 trim. This hefty price tag positions the Escalade iQ as one of the priciest models in the Escalade lineup, second only to the range-topping Escalade-V.
A Step Forward for Cadillac, But Challenges for GM
The all-electric Escalade iQ was initially unveiled in August 2023, promising to deliver a blend of luxury and cutting-edge electric vehicle technology. However, General Motors has faced significant challenges in its broader EV strategy.
Despite ambitious goals to surpass Tesla in EV sales, GM has struggled, with the Chevy Bolt EV being the only model to sell in meaningful numbers throughout 2023. Production issues have plagued the company’s newer EVs, all built on the Ultium platform, leading to questions about the viability of GM’s expansive EV plans.
Innovative Architecture and Impressive Specs
The Escalade iQ shares its Ultium-based BT1 platform with the GMC Hummer EV and Chevrolet Silverado EV, boasting advanced features like an 800-volt electric architecture and a dual-motor setup that delivers up to 750 horsepower.
The Escalade iQ stands out with an impressive range of up to 460 miles on a single charge, significantly more than the 313-mile range of the GMC Hummer EV SUV from the same 212-kWh battery.
Pricing and Trims
Cadillac’s latest electric SUV comes with a variety of trims to suit different luxury preferences:
- Luxury 1: Starting at $129,990 (plus a $2,290 destination charge), this trim includes AWD, an 11.5 kW onboard AC charging system, a 55-inch curved infotainment display, four-wheel steering, and Air Ride Adaptive Suspension with Magnetic Ride Control.
- Sport 1: Slightly higher at $130,490, offering similar features to the Luxury 1 but with sportier aesthetics.
- Luxury 2 and Sport 2: Priced at $149,990 and $150,490 respectively, these trims upgrade the AC charging to 19.2 kW and add luxury features like power-operated doors, a 36-speaker AKG audio system, Night Vision, 9-module adaptive headlights, and 16-way power front seats with massage and power bolsters.
Despite the luxurious offerings, the Escalade iQ does not qualify for federal tax credits due to its high price. Cadillac hints that fully equipped models could reach around $175,000, with many optional features yet to be detailed.
Production Delays and Market Expectations
Initially planned to start production in the summer of 2024, Cadillac has delayed the Escalade iQ’s production to October, aiming for sales to begin in the second half of the year.
This delay, while disappointing for eager buyers, might still allow the model to hit dealerships in time for the winter holidays.