The 2023 Cadillac Lyriq will begin production on March 21, ahead of the official opening of order banks on May 19. Speaking to reporters during a conference call, Cadillac Global Vice President Rory Harvey confirmed the information while also highlighting unexpected demand for the company's first all-electric vehicle.
What is that demand exactly? Harvey mentioned 233,000 "expressions of interest" in the forthcoming electric crossover, but that figure isn't confirmed reservations. On that front, Cadillac isn't ready to share exactly how many folks have plunked down a deposit for the Lyriq. Whether or not those interested parties actually buy a Lyriq is another question, but Harvey believes at least 10 percent will convert. Basic math tells us that's approximately 23,000 sales in the first year. We don't know how that matches up to reservations, but last year Cadillac was keen to announce Lyriq reservations were full within a matter of minutes.
