2025 Cadillac Escalade IQ, GM's new all-electric SUV, starts at $130,000. Here's a first look
Publishing timestamp: 2023-08-09 17:41:01
Summary
General Motors has unveiled the 2025 Cadillac Escalade IQ, an all-electric SUV with more power and a longer range than its current models. The vehicle is expected to arrive in dealer showrooms late next year, starting at around $130,000. The Escalade IQ is an important proof point for GM to show investors that they can deliver profitable electric vehicles. Cadillac plans to exclusively sell all-electric vehicles by 2030, and investors will be watching to see if the company can transfer the Escalade's high profit margins to EV models. The Escalade IQ features a smoother exterior design, a large 24-inch wheels, and an ultra-plush interior. It also comes with a host of standard safety and convenience features, including GM's Super Cruise hands-free highway driving system.
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Keywords: new york, transportation, general motors co, autos, breaking news: business, business news, mark reuss, business, electric vehicles,
Source: https://www.cnbc.com/2023/08/09/gm-electric-cadillac-escalade-iq-revealed-starting-at-130000.html