Cadillac unveiled its most affordable luxury EV so far, the 2025 Optiq, on Wednesday. Cadillac’s new Optiq is the “new luxury entry point” for EV buyers, but can it keep up with Tesla’s Model Y?
The new 2025 Optiq will join Cadillac’s growing lineup of electric cars. Cadillac’s EV portfolio includes the Lyriq, Escalade IQ, Celestiq, and Vistiq launching next year.
Cadillac has been teasing a cheaper electric SUV to sit below the Lyriq as the brand’s entry-level EV.
Compared to other Cadillac electric cars, like the $340K Celestiq or $130K Escalade IQ, the Optiq is aimed at a new segment of buyers.
With a growing number of younger buyers in the US, Cadillac’s new Optiq “will be an important gateway to attract luxury EV intenders” to the brand. Cadillac confirmed its goal of offering a fully electric portfolio by 2030.
Meanwhile, the Optiq will be sold in 10 regions, including Europe, as Cadillac looks to revamp overseas sales.
Cadillac promises its new entry-level EV will feature “several segment-leading features” and remain true to the Cadillac brand as it looks to stand out in a sea of luxury SUV rivals.
Cadillac’s Optiq EV is the new entry-level luxury EV
With a 6″ shorter wheelbase, the Optiq is more agile and fun to drive than the Lyriq. “The Ultium Platform allows us to fit enough muscle into a smaller package to provide a thrilling performance, delivering a sensation of isolated precision,” chief engineer John Cockburn explained.
Powered by an 85 kWh battery pack with standard dual-motor AWD, the Optiq offers up to 300 miles Cadillac-estimated miles of range. It can also add up to 79 miles of range in 10 minutes with DC fast charging.
Cadillac’s new Optiq EV features a vented rear spoiler, diffuser, and other elements to boost aerodynamics (without compromising the SUV’s design).
Other exterior elements add to the Optiq’s sporty design, such as a fixed-glass roof, signature black crystal grille, and upgraded rear quarter panels. The Optiq also features signature lighting, so you are met with a light show when you walk up to or exit the vehicle.
The high-tech interior includes a 33″ diagonal advanced LED display with 9K resolution, Super Cruise driver assist as standard, advanced radar, camera, ultrasonic sensor tech, and Google built-in. It also comes loaded with segment-leading cargo space and second-row space.
At 190″ long, 84″ wide (with mirrors), and 65″ tall, the Cadillac Optiq will rival Tesla’s Model Y (187″ long x 76″ wide x 64″ tall) and other luxury electric SUVs in the segment.
The AWD system packs an estimated 300 hp and 354 lb-ft of torque. Cadillac’s Optiq EV will be available in two trims: Luxury and Sport, with starting prices around $54,000 (including destination fee).
Cadillac says Optiq production will begin in late fall, with European specs and sales set for later this year.
Electrek’s Take
Can Cadillac’s new Optiq EV compete with top-selling luxury rivals like Tesla, BMW, or Mercedes-Benz?
GM hopes Cadillac’s most affordable EV can help spark sales growth. Between the Optiq, Chevy Blazer EV, Equinox EV, and Silverado EV, GM has a strong slate of electric cars rolling out.
CEO Mary Barra calls 2024 the “year of execution” after battery production hurdles led to missed sales targets last year.
Barra believes the battery issues are “behind us now” as it looks to ramp EV sales this year. With production of the current Chevy Bolt EV/EUV ending last December, GM is looking to fill the massive hole.
GM aims to build 200,000 to 300,000 Ultium-based EVs this year, about 20 times more than last year. The company sold less than 14,000 Ultium models last year, with the other +62,000 being the Bolt.
Can Cadillac’s new Optiq help revamp the brand and compete with luxury EV rivals? Drop us a comment below to let us know your thoughts.
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National Grid Renewables has broken ground on its 100 MW Apple River Solar Project in Polk County, Wisconsin.
The Wisconsin solar farm, which will use US-made First Solar Series 6 Plus bifacial modules, will be constructed by The Boldt Company, creating 150 construction and service jobs. Apple River Solar will generate over $36 million in direct economic benefits over its first 20 years.
Once it comes online in late 2025, Apple River Solar will supply clean energy to Xcel Energy, which serves customers throughout the Upper Midwest. According to National Grid Renewables, the solar farm will generate enough energy to power around 26,000 homes annually. It will also offset about 129,900 metric tons of carbon dioxide emissions each year – equivalent to taking 30,900 cars off the road.
“We are excited to see this project begin as it underscores our dedication to delivering clean, reliable and affordable energy to our customers,” said Karl Hoesly, President, Xcel Energy-Wisconsin and Michigan. “This project is an important step in those goals while bringing significant economic benefits to Polk County and the local townships.”
Electrekreported in February that Xcel Energy, Minnesota’s largest utility, expects to cut more than 80% – and possibly up to 88% – of its emissions by 2030, putting it on track to hit Minnesota’s goal of net zero by 2040. It also says it’s on track to achieve its clean energy goals for all the Upper Midwest states it serves – Minnesota, Wisconsin, North Dakota, South Dakota, and Michigan.
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Tesla has announced that it will finally deliver 500 kW charging as it is about to install its long-awaited V4 Supercharger cabinets.
The rollout of Supercharger V4 has been a strange one, to say the least.
Tesla has been deploying the new charging stations for two years and calling them “Supercharger V4”, but it has only been deploying the charging stalls.
Supercharger stations are made of two main parts: the stalls, which are where the charging cable is located, and the cabinets, which are generally located further back and include all the power electronics.
For all these new “Supercharger V4”, Tesla was actually using Supercharger V3 cabinets. This has been limiting the power output of the charging stations to 250 kW – although
Today, Tesla officially announced its “V4 Cabinet”, which the automaker claims will enable of “delivering up to 500kW for cars and 1.2MW for Semi.”
Here are the main features of the V4 Cabinet as per Tesla:
Faster charging: Supports 400V-1000V vehicle architectures, including 30% faster charging for Cybertruck. S3XY vehicles enjoy 250kW charge rates they already experience on V3 Cabinet — charging up to 200 miles in 15 minutes.
Faster deployments: V4 Cabinet powers 8 posts, 2X the stalls per cabinet. Lower footprint and complexity = more sites coming online faster.
Next-generation hardware: Cutting-edge power electronics designed to be the most reliable on the planet, with 3X power density enabling higher throughput with lower costs.
Tesla reports that its first sites with the new V4 Cabinets are going into permitting now. The company expects its first sites to open next year.
We recently reported about Tesla’s new Oasis Supercharger project, which includes larger solar arrays and battery packs to operate the charging station mostly off-grid.
Early in the deployment of the Supercharger network, Tesla promised to add solar arrays and batteries to all Supercharger stations, and Musk even said that most stations would be able to operate off-grid.
While Tesla did add solar and batteries to a few stations, the vast majority of them don’t have their own power system or have only minimal solar canopies.
Back in 2016, I asked Musk about this, and he said that it would now happen as Tesla had the “pieces now in place” with Supercharger V3, Powerpack V2, and SolarCity:
It took about 8 years, but it sounds like the pieces are now getting actually in place with Supercharger V4, Megapacks, and this new Oasis project.
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Hyundai has a new secret weapon it’s about ready to unleash. To revamp the brand in China and counter BYD’s surge, Hyundai is launching a new AI-powered EV next year. The new model will be Hyundai’s first dedicated electric car for the world’s largest EV market.
With the help of Haomo, a Chinese autonomous startup, Hyundai will launch its first EV equipped with generative AI. It will also be its first model designed specifically for China.
A Hyundai Motor official said (via The Korea Herald) the company is “working to load the software” onto the new EV model, “which will be released in the Chinese market next year.” The spokesperson added, “The level of autonomous driving is somewhere between 2 and 2.5.”
In comparison, Tesla’s Autopilot is considered a level 2 advanced driver assistance system (ADAS) on the SAE scale (0 to 5), meaning it offers limited hands-free features.
With Autopilot, you still have to keep your eyes on the road and hands on the steering wheel, or the system will notify you and eventually disengage.
Haomo’s system, DriveGPT, unveiled last spring, takes inspiration from the OpenAI’s popular ChatGPT.
The system can continuously update in real-time to optimize decision-making by absorbing traffic data patterns. According to Haomo, DriveGPT is used in around 20 models as it looks to play a bigger role in China.
Hyundai hopes new AI-powered EV boosts sales in China
Electric vehicle sales continue surging in China. According to Rho Motion, China set another EV sales record last month with 1.2 million units sold, up 50% from October 2023.
Over 8.4 million EVs were sold in China in the first ten months of 2024, a notable 38% increase from last year.
BYD continues to dominate its home market. According to Autovista24, BYD accounted for 32.9% of all PHEV and EV (NEV) sales in China through September, with over half of the top 20 best-selling EV models.
Tesla was second with a 6.5% share of the market, but keep in mind these numbers only include plug-in models (PHEV).
Like most foreign automakers, Hyundai is struggling to keep up with the influx of low-cost electric models in China. Beijing Hyundai’s sales have been slipping since 2017. Through September, Korean automaker’s share of the Chinese market fell to just 1.2%.
According to local reports, Hyundai is partnering with other local tech companies like Thundersoft, a smart cockpit provider, and others in China to power up its next-gen EVs
With its first AI-powered EV launching next year, Hyundai hopes to turn things around in the region quickly. The new model will be one of five to launch in China through 2026.
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