Cadillac launches its first performance electric vehicle, the Lyriq-V

Cadillac, the luxury automobile manufacturer, is set to introduce its first performance electric vehicle, the Lyriq-V, targeting the model year 2026. This SUV will incorporate the V-Series badge, marking a significant milestone in the brand's electrification strategy. Initially, the Lyriq-V will be available in markets including North America, Australia, and New Zealand, with plans for a broader release in other territories afterward. Details regarding the exact launch date and pricing remain undisclosed, although Cadillac anticipates that vehicles for the 2026 model year will begin to be available around this time next year. Communication from Cadillac suggests that additional information about the features and specifications of the Lyriq-V will be revealed in early 2025. The introduction of this model follows Cadillac’s previous efforts in the electric vehicle sector, which began with the Lyriq launched in 2022. The Lyriq stands out as Cadillac's first EV and currently its most affordable model, starting at approximately $59,990. With the Lyriq-V, Cadillac aims to capture the performance EV segment, offering all-wheel drive as standard and emphasizing instantaneous acceleration benefits typical of electric vehicles. Previous to the Lyriq-V announcement, Cadillac hinted at an all-electric V-Series concept vehicle named Opulent Velocity, commemorating the V-Series subbrand's 20th anniversary.