GM will introduce an all-electric Cadillac Escalade ‘IQ’ later this year

GM will introduce an all-electric Cadillac Escalade ‘IQ’ later this year


GM’s first all-electric Cadillac Escalade will be called the “Escalade IQ,” which continues Cadillac’s EV naming strategy that so far includes the Lyriq crossover and upcoming Celestiq ultra-luxury sedan.

GM

DETROIT – General Motors on Monday confirmed plans to introduce an all-electric version of its flagship Cadillac Escalade later this year.

The Detroit automaker said the new SUV will be called the “Escalade IQ,” which continues Cadillac’s EV naming strategy that so far includes the Lyriq crossover and upcoming Celestiq ultra-luxury sedan.

related investing news

Elon Musk's quest for an irresistible price could spell trouble for Tesla and its stock

CNBC Pro

An electric Escalade was expected, as the company plans to fully convert Cadillac into an electric vehicle brand by 2030.

A Cadillac spokeswoman declined to release any additional details about the vehicle aside from its existence and name. Analysts expect the vehicle to go into production and on sale as soon as next year, according to Automotive News.

The Cadillac Escalade IQ is anticipated to utilize GM’s Ultium battery cells, motors and technologies, which the automaker is using to power and underpin its next-generation EVs.

But just because it’s called an Escalade doesn’t necessarily mean it’ll be identical to the brand’s iconic internal combustion engine-powered SUV. Previously announced EVs that share names with GM’s traditional vehicles have included design features and technologies completely different than their predecessors.

2023 Cadillac Escalade V-Series

Cadillac



Source

Pokémon, sports trading card boom boosts Target, Walmart ahead of holiday season
Business

Pokémon, sports trading card boom boosts Target, Walmart ahead of holiday season

Trading cards of the game “Magic” are located in a shop where a “Magic” tournament is taking place. Frank Rumpenhorst | picture alliance | Getty Images As screentime soars and technology races ahead, a low-tech pastime is back in a big way: collecting trading cards. The cardstock depicting everything from NFL standouts to Pokémon and […]

Read More
FAA lets Boeing increase 737 Max production almost two years after near-catastrophic accident
Business

FAA lets Boeing increase 737 Max production almost two years after near-catastrophic accident

Boeing 737 Max aircraft are assembled at the company’s plant in Renton, Washington, U.S. June 25, 2024. Jennifer Buchanan | Via Reuters Boeing has won regulator approval to ramp up production of its best-selling 737 Max jetliners to 42 a month, a milestone for the manufacturer nearly two years after the Federal Aviation Administration capped […]

Read More
‘The tide went out’: How a string of bad loans has bank investors hunting for hidden risks
Business

‘The tide went out’: How a string of bad loans has bank investors hunting for hidden risks

Signage outside Western Alliance Bank headquarters in Phoenix, Arizona, March 13, 2023. Caitlin O’Hara | Bloomberg | Getty Images Big banks including JPMorgan Chase and Goldman Sachs had just finished taking victory laps after a blockbuster quarter when concerns emerged from an obscure corner of Wall Street, sending a collective shiver through global finance. Regional […]

Read More