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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
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
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.

Cadillac-Optiq-EV
(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.

Cadillac-EVs
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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Enwin Utilities adds $1 million Terex electric bucket truck to fleet [video]

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Enwin Utilities adds $1 million Terex electric bucket truck to fleet [video]

The Windsor, Ontario utility says it’s driving towards a more sustainable future after adding a dozen new electric vehicles to its fleet – including a state-of-the-art, 55-foot Terex electric bucket truck.

Based on a Class 7 (33,000 lb. GVWR) International eMV Series BEV, the Terex EV takes the eMV’s 291 kWh battery and adds the Terex Optima 55-foot aerial device and HyPower SmartPTO system to create a fully electrified utility service vehicle that can do anything its diesel counterparts can do while offering better, safer working conditions for utility crews.

“We’ve got 12 EVs,” said Gary Rossi, president and CEO, Enwin Utilities. That number represents fully 10% of the utility’s entire vehicle fleet. “Our centerpiece is our electric 55-feet bucket truck. It’s very quiet,” continues Rossi. “So (the truck) allows us, our crews, to communicate better. It’s not as loud in the community when they’re doing repairs in someone’s backyard.”

That notion is echoed by Terex, itself. The company says its HyPower SmartPTO (power take off), which replaces a mechanical PTO, avoids a loud idling engine while reducing workers’ exposure to toxic exhaust fumes.

The utility company says the new electric bucket truck cost it almost $1 million Canadian – but while that might sound like a lot, Rossi says the price is similar to what a similarly-optioned ICE version of the bucket truck would cost.

“It’s all about building Windsor’s future and literally plugging into the battery factory down the road that is being constructed and showing that Windsor is a leader on this front,” says Drew Dilkens, Mayor of Windsor. “I don’t own an internal combustion engine vehicle,” adds Mayor Wilkins. “I only own two electric cars. My wife and I, we made the change starting in 2019 and I can’t see myself ever going back.”

CTV News Windsor

Enwin says its commitment to clean energy extends beyond its vehicle fleet. The company recently unveiled a massive MW solar rooftop net metering facility at its Rhodes Drive headquarters with over 3,000 solar panels. The site, one of Canada’s largest solar installations, generates enough clean electricity to power 300 homes annually.

SOURCE | IMAGES: Terex; Enwin via CTV News Windsor.

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Damen sets a world record for most powerful electric tugboat

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Damen sets a world record for most powerful electric tugboat

Built by Damen Shipyards and the first fully electric tugboat to be deployed in the Middle East, the new RSD-E Tug 2513 Bu Tinah put in its record-breaking performance took place at Khalifa Port during ADIPEC, the world’s largest energy conference.

The RSD-E Tug 2513 is based on the already efficient hull design of the standard, diesel-powered RSD Tug 2513, but its new, fully electric propulsion arrangement enables it to offer zero emissions operations in situations where oil or fuel leakage would be – let’s say especially bad.

But, while the “clean” aspect of all-electric operation is obvious, its Guinness World Record of performance shows that the Damen RSD-E Tug 2513 is up to whatever task its owners put to it.

“This Guinness World Record achievement demonstrates that the transition to alternative energy does not come at the cost of performance,” explains Maritime & Shipping Cluster, AD Ports Group, Captain Ammar Mubarak Al Shaiba. “We are very proud that the first electric tug in the Middle East is also making waves on a global level with this accolade and the fact that in parallel it is improving the sustainability of our operations alongside cost efficiencies in terms of overall fuel saving is extremely important. This vessel is now a key component of our Marine Services fleet and our electrification strategy.”

To earn its record, the the Damen RSD-E Tug 2513 Bu Tinah recorded an average high peak bollard pull of 78.2 tonnes (about 86 ‘Murican tons). The record-setting tugboat can undertake a minimum of two towage operation on a single charge, and can be recharged on a marine DC fast charger in just two hours.

Electrek’s Take

Electric tug achieves Guinness World Record
Damen RSD-E Tug; via Damen.

We’ve come a long way since 2021, when a 6MW electric tugboat was pulling about 50 tonnes of bollard weight. A nearly 50% jump in performance without a similar weight or mass gain is a sign of advancing technology – and we are here for it.

SOURCE | IMAGES: Damen.

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Trump picks Liberty Energy CEO and Oklo board member Chris Wright as Energy secretary

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Trump picks Liberty Energy CEO and Oklo board member Chris Wright as Energy secretary

US President-elect Donald Trump speaks during a meeting with House Republicans at the Hyatt Regency hotel in Washington, DC on November 13, 2024. 

Allison Robbert | AFP | Getty Images

President-elect Donald Trump on Saturday selected Liberty Energy CEO Chris Wright to serve as the next energy secretary of the United States.

Liberty Energy is an oilfield services company headquartered in Denver with a $2.7 billion market capitalization. The company’s stock gained nearly 9% on Nov. 6 after Trump won the U.S. presidential election, but its shares have since pulled back.

Wright serves on the board of Oklo, a nuclear power startup backed by OpenAI CEO Sam Altman that is developing micro reactors.

Wright will also serve on Trump’s Council of National Energy, the president-elect said Saturday. The council will be led by Trump’s pick for Interior Secretary, North Dakota Gov. Doug Burgum.

Wright has denied that climate change presents a global crisis that needs to be addressed through a transition away from fossil fuels.

“There is no climate crisis and we’re not in the midst of an energy transition either,” Wright said in a video posted on his LinkedIn page last year. “Humans and all complex life on earth is simply impossible without carbon dioxide. Hence the term carbon pollution is outrageous.”

“There is no such thing as clean energy or dirty energy,” Wright said. “All energy sources have impacts on the world both positive and negative.”

Trump described Wright as a “leading technologist and entrepreneur in the energy sector.”

“He has worked in Nuclear, Solar, Geothermal, and Oil and Gas,” the president-elect said in a statement Saturday.

“Most significantly, Chris was one of the pioneers who helped launch the American Shale Revolution that fueled American Energy Independence, and transformed the Global Energy Markets and Geopolitics,” Trump said.

Trump has vowed to increase fossil fuel production to reduce energy costs, though analysts and some oil executives have said the president has little influence on oil and natural gas output in the U.S.

The U.S. has produced more crude oil than any other country in history, including Russia and Saudi Arabia, since 2018, according to the Energy Information Administration.

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