Cadillac is adding a smaller, cheaper electric SUV to its lineup. The new OPTIQ EV is slated to sit below the Cadillac LYRIQ as the brand’s new entry-level EV.
GM’s luxury brand confirmed that a fourth EV will join its growing lineup Friday. The Cadillac OPTIQ is the brand’s new entry-level EV, slated to sit below the LYRIQ SUV.
Cadillac said that the “OPTIQ’s spirited driving dynamics are designed to appeal to global luxury customers.”
Although no other details were mentioned, the new EV will have a starting price under the LYRIQ’s $58,590.
The new entry-level OPTIQ EV is expected to go on sale as early as next year. It will likely be sold in global markets, including North America, Europe, and China.
The Cadillac OPTIQ will follow the LYRIQ, the $340K Celestiq, and the recently revealed ESCALADE IQ. The ESCALADE IQ is the all-electric version of Cadillac’s full-size SUV. It will be available next year, starting at $130,000.
Cadillac OPTIQ EV (Source: Cadillac)
Cadillac unveils new entry-level OPTIQ EV
We knew GM’s luxury brand was planning to release a cheaper electric SUV after filing for the name Cadillac OPTIQ with China’s MIIT in July.
Cadillac OPTIQ EV (Source: China MIIT)
In August, leaked images from China’s MIIT revealed the compact electric SUV in full. The report indicated the new EV will have 143 kW front and 68 kW rear electric motors. Its battery packs will also be supplied through a CATL and SAIC joint venture. At least in China.
(Source: China MIIT)
At 4,822 mm (190″) long, 1,912 mm (75″) wide, and 1,643 mm (65″) tall, the Cadillac OPTIQ EV will compete directly with the Tesla Model Y ((4,750 mm long, 1,912 mm wide, 1,624 mm tall).
Cadillac is transitioning its lineup away from gas-powered vehicles by 2030. The new entry-level EV will play a key role in the luxury brand’s transition as it aims to compete with leaders like Tesla.
2024 Cadillac Lyriq models (Source: GM)
The brand says additional details, including features and pricing, will be released next year.
Electrek’s Take
Cadillac’s new entry-level EV looks sleek from the first images. The OPTIQ EV is a smaller, cheaper sibling to the $59K LYRIQ.
Tesla’s Model Y currently starts at $43,990 with up to 260 miles range in the US. For Cadillac to compete, starting prices should be around $45K. However, GM has disappointed buyers by dropping the entry-level Blazer EV and pushing back production of the Equinox, Silverado, and GMC Sierra Denali EVs.
GM has struggled to ramp up production of its luxury brand EVs so far. Cadillac delivered 5,334 LYRIQs through September, with 3,018 in the third quarter.
The luxury brand recently expanded into Europe, Australia, and New Zealand as it looks to grow the brand.
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Tenways launches new Wayfarer e-bike with 85-mile range, Apple Find My, and $577 savings at $1,899
Running alongside its ongoing Early Black Friday Sale, Tenways has launched its Wayfarer e-bike that comes with $277 in FREE gear at $1,899 shipped, after using the on-page code EARLYBIRD300 at checkout. This new model will go for $2,199 at full price once these launch savings end, which is getting a significant $300 markdown that sets the bar for future discounts, while also getting $277 in FREE add-on gear. That gear includes mudguards, a kickstand, and a rear cargo rack to bring some extra versatility. As always with this brand, folks who are medical providers, military, first responders, students, or teachers can receive an extra $100 discounts upon verification.
Whereas Tenways is known for its throttle-less commuters that have smaller motor and battery combos that add to their lightweight designs, the brand’s Wayfarer e-bike is flipping the script as it not only comes with a throttle, but also a larger Bafang 500W rear hub motor (peaking at 750W) powered by a 720Wh battery. This pairing gives you up to 85 miles of pedal-assisted support (with a torque sensor) and up to 35 miles of throttle-led full electric power, maxing out at either 20 or 28 MPH (depending on your local laws).
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Among its features, you’ll find hydraulic disc brakes with power cut-off, Kenda EPS all-terrain puncture-resistant tires, an 8-speed Shimano derailleur, an LED headlight, a brake-activated taillight with turn signaling, a TFT LCD screen for setting adjustments, and more. We’re even seeing some app-based support come in the form of a live dashboard for settings and performance, navigation services, and even Apple Find My integration so you always know where it is. You can learn even more in our original launch coverage.
Score an exclusive $1,750 savings on Jackery’s Explorer 3000 V2 solar bundle with 2x 200W panels at a new $1,249 low
We’ve secured an exclusive deal on the Jackery Explorer 3000 V2 (HomePower 3000) Portable Power Station bundled with two 200W solar panels at $1,249 shipped, after using the exclusive code 9TO5BFJACK at checkout. This solar-expanded package usually goes for $2,999 in full, which we’ve seen regularly keeping down at $1,599 since mid-September, and has only gone as low as $1,499 up until today. It’s starting off with an initial price cut to that $1,499 rate that we only saw once before during Prime Day, with the exclusive bonus savings taking things lower than ever with a combined $1,750 markdown to a new all-time low price.
For the rest of the day, save $325 on Anker’s black SOLIX C1000X Gen 2 power station at $475
As part of its Deals of the Day, Best Buy is offering the very first discount we’ve spotted on the Anker SOLIX C1000X Gen 2 Portable Power Station to $474.99 shipped. Normally going for $800 at full price, this is the first time we’ve seen discounts on this black colorway, as opposed to the standard grey colorway that is sold direct from the brand (currently $449), Amazon (currently $450), and other retailers. For the rest of the day only, you can pick it up with a $325 markdown off the going rate. Keep in mind that this is identical to the standard grey model we’ve seen go as low as $379, and is only notable for folks who would prefer the darker color. You can also browse the newer SOLIX C2000 Gen 2 power station launch deals here.
The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine. Winter means you can lock in even better off-season price cuts on electric tools for the lawn while saving on EVs and tons of other gear.
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In the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. In this week’s episode, we discuss Tesla’s ‘flying’ Roadster, Elon’s pay package, new EVs unveiled at Japan’s mobility show, and more.
As a reminder, we’ll have an accompanying post, like this one, on the site with an embedded link to the live stream. Head to the YouTube channel to get your questions and comments in.
After the show ends at around 5 p.m. ET, the video will be archived on YouTube and the audio on all your favorite podcast apps:
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Here are a few of the articles that we will discuss during the podcast:
Here’s the live stream for today’s episode starting at 4:00 p.m. ET (or the video after 5 p.m. ET:
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Just in time for next week’s SEMA show in Las Vegas, Brian Kim Designs has dressed up the all-electric Hyundai IONIQ 5 in a wild concept body with wings, flared fenders, wild colors, and a whole lot more – perfect for Halloween!
Based on the ultra-high performance Hyundai IONIQ 5 N, Brian Kim Designs’ IONIQ EVO concept considers one of the directions high-performance electric vehicles could take as the tuner cars of the future, and explores (what Kim calls) the, “untapped potential of EVs” in the broader aftermarket and customization space.
The colors, too – in a high-energy matte finish, were carefully chose to set help the IONIQ EVO apart from its more pedestrian cousins. You can take a look, below:
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The Kim-designed aerodynamics-enhancing concept also incorporates fin-type side skirt trims, a deep chin splitter, and outlet designs that extract dirty air generated by the wheels. A massive, roof-mounted spoiler with full-length aero fin for enhanced stability at triple digit speeds is, of course, also included.
Of course, all the spoilers in the world won’t make a car faster. For that, you need power – but it’s not quite as easy to get “more” power out of an electric motors as it can be from an ICE. Luckily, the IONIQ 5 N has power and torque to spare. That means that the best way to improve performance isn’t necessarily having more horsepower, but having fewer lbs. for each of the car’s horses to pull aruond.
Kim’s website calls the IONIQ EVO exterior design, “an in-house customization concept by Hyundai Motor Company.” Here’s hoping the two get to collaborate again, soon.
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