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See finance 2 torrent9/3/2023 Think the Escalade IQ will be too expensive for your budget? There will likely be a lower-cost alternative, too: The Chevy Suburban. The same goes for the mid-engine Corvette C8, which technically starts at $65,000, but a lot are sold well above the window price, with some climbing north of $150,000. The GMC Hummer EV often sells north of $150,000 (if you can find one). ![]() Cadillac’s upcoming flagship EV sedan, the Celestiq, will start around $300,000, though will likely be less available and more exclusive than the Escalade IQ. General Motors and Cadillac have shown recently it’s able to price its vehicles at the top of their range. There’s a good chance the Escalade IQ will feature a similar range.ĭon’t expect a bargain. Last week, General Motors’ newly named president of North America, Rory Harvey, told the media the upcoming Silverado EV will feature a 450-mile range. The Escalade IQ will likely be built off the next generation Ultium platform, the same modular EV platform used in every modern GM EV from the sporty Blazer EV to the monstrous Hummer EV. Those details will likely be released later this year. ![]() No other details about the upcoming vehicle were released, including vehicle features, electric range or pricing. Why the IQ at the end? Cadillac says “The IQ naming strategy celebrates Cadillac introducing a different type of EV to the market - one that works in tandem with people’s daily lives and environments.” Okay, sure. It’s called the Escalade IQ, which follows the same name scheme used by the rest of the Cadillac fleet of Lyriq, Celestiq, Mystiq, Vistiq and Lumistiq. General Motors today announced it will unveil an all-electric version of the Escalade later this year.
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