NEW YORK – Twenty-five years after the Cadillac Escalade launched General Motors into large, highly profitable luxury SUVs, the Detroit automaker is hoping a new all-electric version of the vehicle will ignite the same success for a new generation of luxury buyers.
GM on Wednesday revealed the 2025 Cadillac Escalade IQ, an all-electric vehicle with more power than the current supercharged V-8 SUV, an estimated range of 450 miles – more than any GM EV to date – and a 55-inch LED screen across its dashboard.
“The importance of Cadillac to our global portfolio can’t be overstated,” GM President Mark Reuss said during the vehicle’s reveal in New York City. “You are witnessing the rise of Cadillac.”
The vehicle is expected to arrive in dealer showrooms late next summer, starting at around $130,000. That’s a premium compared with its traditional counterparts that have on average been selling for about $115,500 this year (but still lower than a limited-edition performance model of the…
2023-08-11 05:29:26
Original from www.cnbc.com
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