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Tribune News Service
Tribune News Service
Business
Kalea Hall

Cadillac releases new details on electric Lyriq ahead of May 19 order-bank opening

Ordering for General Motors Co.'s first electric Cadillac opens this week on the 2023 Lyriq crossover with the $62,990 rear-wheel drive option getting an estimated 312 miles of range on a charge, the automaker said Monday.

Range will be released later on the $64,990 all-wheel drive option, which has a second drive unit. The prices are comparable with top competitors, including the $69,100 Audi e-tron with an EPA estimated 222 miles of range; the $71,300 Jaguar I-Pace, which also gets 222 miles; and the $62,990 Tesla Model Y with an estimated 330 miles.

GM's luxury brand, which is aiming to be all-electric by 2030, will start taking orders for the Lyriq on May 19 and delivering the debut edition this summer. Though it will be joining a market starting to get crowded with EVs, it's also a market with growing EV demand.

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