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Cadillac is throwing a whole bunch more of the HPs and performance into the Lyriq and adordning it with its legendary “V” moniker for 2026’s model year and we got flown to Seattle to get a first drive. It did not dissapoint!

Cadillac first announced the 2026 Lyriq-V in January and already knew it would be the quickest Cadillac ever. With the dual-motor AWD producing 615 hp and 650 lb-ft of torque in Velocity Max mode, the Lyriq-V takes off as fast as a Ferrari while still seating five, luxuriously.

While I think most drivers would prefer to have all of that power available at any time, it does require a process to get it to go into “V-Mode” which gives full access to all of that horsepower and torque. You can either select the V icon from the steering wheel, located near the SuperCruise buttons (shown above) or select it from the menu in the center screen.

Then you must push the brake down very hard until the screen animation gives you the go ahead. Then with your right foot, you hit the accelerator while keeping the brake down. When ready to lurch forward, you release the brake and chirp out.

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In my testing in the parking lot and on the streets of Seattle, the acceleration to 60-mph took under 3.3 seconds and some of my collegues were able to get below 3 seconds, though the track had an almost unnoticable slight downhill slope to it. Cadillac stands by its 3.3 second 0-60 time and also puts the 1/4 mile in under 12 seconds.

Autocross in a Caddy?

Next up was Autocross in “Competitive mode”. The Lyriq-V turns into an agile machine capable of drifting through tight turns. A great way to really showcase the rigitity of those 22-inch tires.

  • Stability control thresholds are elevated to allow more side slip before activation
  • Traction control preemptively manages front axle torque based on lateral acceleration to reduceon-throttle understeer in a corner
  • Brake torque vectoring applies inside wheel brake pressure in a corner to transfer torque to the outside wheels, similar to a limited slip differential

It almost seems unfair that this vehicle turns back into a luxury Cadillac once off the course.

The full list of upgrades that the $80,000 Lyriq-V includes:

  • V-Mode takes performance customization further, allowing drivers to save performance-focused settings, including Competitive Mode and a unique sound experience. It’s intended to offer instant access to their preferred performance-driving settings via the V button, mounted on the steering wheel. V-Mode can also be accessed in the Drive Mode app within the 33-inch-diagonal advanced LED display.
  • Unique, multi-layered sound experience. Interior and exterior signature sounds are synchronized for an orchestrated sonic experience.
  • Launch Control, designed for consistently thrilling straight line acceleration. When engaged in V-Mode or Velocity Max, the vehicle will deliver an extremely rapid 3.3 second 0-60 acceleration.
  • Competitive Mode enables a suite of traction management features specifically engineered to increase vehicle agility.
  • Brembo performance front brake calipers are standard. In addition to providing excellent stopping capability, they’re designed to provide consistent, fade-resistant performance during spirited driving. Available red calipers are accented with the V-Series logo.
  • Standard Super Cruise the industry’s first truly hands-free driver assistance technology (with three years of OnStar connected service).

The added hardware, 22-inch wheels and sport tires bring the range down from over 326 miles in the normal Lyriq to 285 Miles for the V. Level 2 charges at 19.2 kW (80A @240V) provides around 44 miles/hour, while 190kW fast DC charging can add roughly 75 miles in 10 minutes. NACS adapter is included for access to Tesla Supercharger network.

We reviewed the much less expensive Chevy Blazer SS a few months ago and of course there are many similarities with these two GM vehicles. Both have 22-inch wheels, 615 hp and 650 lb-ft of torque and that 102kWh battery. The Blazer SS notches a .1 second slower 0-60 time but exchanges almost 20 extra miles of range somehow.

Cadillac is confident that V customers are willing to trade the extra miles for the performance of the V and it seems to really know its customers well. I certainly enjoyed the big tech features:

  • 33-in diagonal advanced LED display (no CarPlay 🙁 )
  • Standard Super Cruise with new advanced driver assistance enhancements
  • Dual-Plane Augmented Reality Head Up Display
  • 23-speaker AKG Studio sound system with Dolby Atmos

Electrek’s take

I don’t know what the Venn diagram looks like for $80K Cadillac drivers who also was to propel themselves from 0-60 in 3.3 seconds looks like but the fact that the company is successfully turning its customer base to electricity, perhaps better than any other legacy car brand. The company hopes to be 45% electric by numbers at the end of the year and hopes to be the first traditional car brand over the 50% electric by sales next year. It isn’t afraid of losing momentum when the $7500 federal tax credit ends since most of its customers are outside of the restrictions of the rebate anyway.

The Lyriq has been Cadillac’s best seller outside of the Escalade with over 60,000 sold to date and with this new perfomance model, hopes to grab even more share. The company notes that V customers are 6 years younger on average and more affluent and male. Lyriq and the smaller Optiq notched 71% conquests from other brands including a healthy percentage of Tesla owners.

As for the Lyriq-V, this is a best of both worlds luxury/sport SUV with all the creature comforts you’d expect from a Cadillac. Some people might be concerned about the 285 mile range or the lack of CarPlay but for most in this demographic, the Lyriq-V delivers both on luxury and sport.

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Offshore driller Transocean plunges after offering shares at a discount

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Offshore driller Transocean plunges after offering shares at a discount

Transocean Barents, an oil platform passes through Canakkale Strait as vessel traffic suspended in both directions in Canakkale, Turkiye on November 12, 2024.

Enishan Keskin | Anadolu | Getty Images

Shares of Transocean plunged Thursday after the offshore driller announced the sale of a large number of shares at a discount.

Transocean is planning to sell 125 million shares at a price of $3.05, significantly lower than Wednesday’s close of $3.64. It is offering 25 million shares more than it originally planned.

The Swiss company’s stock was last down 14.8% premarket. The offering is expected to close on Friday.

Transocean expects to book about $381 million from the sale. It will use the proceeds to pay off debt.

(Correction: Updates with correct share offering price.)

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NYC’s new 15 MPH speed limit for e-bikes goes into effect next month, but cars still get a pass

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NYC’s new 15 MPH speed limit for e-bikes goes into effect next month, but cars still get a pass

New York City’s new 15 mph speed limit for electric bikes is officially set to take effect next month, in what city officials claim is a move to improve street safety. But not everyone is convinced the crackdown is targeting the real threat on the roads.

The new limit, approved earlier this year, applies to e-bikes, mopeds, and other micromobility vehicles operating in city bike lanes. Riders caught exceeding 15 mph could face warnings or citations, though the exact enforcement strategy remains murky. The NYPD says it will focus on “education first,” but given the city’s track record, that could just be the calm before the ticket storm.

The rule comes amid growing concerns from some residents and officials about rising speeds among e-bike riders, especially delivery workers who often rely on throttle-equipped bikes to meet tight deadlines. But while the new speed cap is aimed at micromobility vehicles, there’s a noticeable omission: cars, trucks, and SUVs, which continue to be allowed to travel at 25 mph – and in practice, often much faster – even though they pose exponentially more risk to vulnerable road users and are responsible for orders of magnitude more deaths each year.

It’s a move that raises eyebrows and has resulted in thousands of publicly-submitted comments that the New York Department of Transportation has seemingly ignored.

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After all, the majority of traffic fatalities in New York City don’t involve e-bikes. They involve cars. And while some e-bike riders certainly ride irresponsibly, the blanket limit nearly cuts in half the more widely accepted e-bike speed limits used around the US, and doesn’t even apply to pedal bikes, which can easily exceed such speeds despite nearly identical average weights when factoring in the vehicle and rider. Not to mention, it ignores the critical role that e-bikes play in reducing traffic congestion and emissions, especially in the delivery and commuting sectors.

So while New York is slowing down its most efficient and sustainable form of urban transport, it’s letting the real heavyweights keep their speed. If the goal is safety, then it’s fair to ask: why aren’t cars being asked to go 15 mph too?

Because once again, it seems the rules are written for the powerful – not the vulnerable.

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Tesla is now buying ads on Elon Musk’s X to get people to vote for his $1 trillion compensation

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Tesla is now buying ads on Elon Musk's X to get people to vote for his  trillion compensation

Tesla is now buying advertising on Elon Musk’s X (formerly Twitter) to get Tesla shareholders to vote for his CEO compensation package worth up to $1 trillion in stock options.

Tesla, under Elon Musk’s leadership, has famously been against advertising. The CEO is even on the record saying that he “hates advertising” and that “other companies spend money on advertising and manipulating public opinion, Tesla focuses on the product.”

However, that was before he acquired Twitter, now X, which relies heavily on advertising.

After that, he started to push Tesla to do some advertising, but the company quickly stopped or greatly reduced its advertising efforts.

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We reported that Tesla’s advertising effort picked back up last week, starting with a few Google ads to encourage Tesla shareholders to vote for Musk’s new unprecedented CEO compensation package worth up to $1 trillion.

The automaker is in a full-on marketing blitz to convince shareholders to vote for the package and to allow Tesla to issue more shares in exchange.

Now, Tesla is even buying social media ads to push shareholders to vote for Musk’s compensation package and they are even buying ads on Musk’s privately owned platform, X:

They are also buying ads on Instagram, Facebook, and Reddit.

As we previously reported, Tesla’s board has claimed that voting for the compensation package will determine the future of Tesla.

Musk went even further and linked his compensation package to the future of the world.

Earlier today, the CEO claimed that his compensation plan is not about money, but about control over Tesla:

It’s not about “compensation”, but about me having enough influence over Tesla to ensure safety if we build millions of robots. If I can just get kicked out in the future by activist shareholder advisory firms who don’t even own Tesla shares themselves, I’m not comfortable with that future.

The CEO previously threatened Tesla shareholders not to build AI products at Tesla, despite claiming they were critical to the company’s future, if he doesn’t get 25% control over the company.

Electrek’s Take

The CEO of a publicly traded company threatens shareholders to gain control over the company and uses company funds to purchase ads that benefit his privately held company, with the goal of persuading the shareholders of the publicly traded company to give him more money.

If that’s not late-stage capitalism, I don’t know what is.

Also, I know I won’t shock anyone here, but Elon is lying about this not being about money.

If he wants to increase his percentage of Tesla shares, he could do exactly what his friend Larry Ellison did with Oracle and do long-term buybacks. It would benefit everyone, but it’s not what he wants. He wants the shiny new stock options.

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