All articles tagged with #cadillac escalade
General Motors will boost production of the high-performance Cadillac Escalade V-Series for the 2025 model year, featuring significant updates like a 55-inch display, executive package, and 24-inch wheels. The gas-powered SUV will continue with its powerful V8 engines, aligning with an upcoming all-electric version. Pricing details will be announced closer to the launch, with current models ranging from $81,000 to over $152,000.
General Motors is set to reveal an all-electric version of the Cadillac Escalade, testing the luxury SUV's prestige and GM's strategy to turn its most lucrative vehicles into profitable EVs. The electric Escalade, known as the Escalade IQ, will be an important proof point for investors as GM aims to achieve profitability comparable to gas-powered models by mid-decade and annual EV revenue of $90 billion by 2030. The Escalade IQ is expected to replace the current gas- and diesel-powered models and will be priced toward the upper end of the current range, which starts from about $81,000. Cadillac plans to exclusively sell all-electric vehicles by 2030, making it GM's luxury EV brand.
General Motors plans to invest over $500 million in a Texas plant to prepare for the production of its next-generation large SUVs, including the Cadillac Escalade, Chevrolet Tahoe/Suburban, and GMC Yukon/Yukon XL. The investment is part of the company's plan to continue spending on traditional operations to fund its emerging electric vehicle business. The investment announcements come ahead of contract negotiations between GM and the United Auto Workers union this summer, which are expected to be among the most contentious and important in recent memory.
GM is developing an all-electric version of the Cadillac Escalade SUV, called the Escalade IQ, as part of its plan to make Cadillac an exclusively EV brand by 2030. The Escalade IQ will join Cadillac's other EVs, the Celestiq and Lyriq SUV. The Ultium platform will be the basis for the Escalade IQ, as well as other upcoming electric vehicles from GM. The pricing for the Escalade IQ is expected to be higher than the current gas-powered Escalade, which starts at over $80,000.