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GM luxury brand Cadillac publicly unveiled its upcoming, all-electric version of the Escalade in front of a crowd in New York this morning. The ESCALADE IQ is a far cry from the vehicle synonymous with music videos and transportation services the past 24 years, but in the best way. Cadillac has reimagined what is arguably its most iconic model for the all-electric age, and its engineering teams fingerprints are on every single square-inch. It’s a true marvel in large EVs, but it comes at a hefty price tag.

It’s been over a year since Cadillac originally announced it was developing an all-electric version of its long-running full-size SUV called the ESCALADE IQ. Aside from the new all-caps nomenclature and “IQ” suffix to match other Cadillac BEV models like the LYRIQ and CELESTIQ, all we really got from GM at the time was the name itself.

We made some performance predictions of what to expect at the time, like a 200 kWh+ battery pack (check), but like most specifics in journalism, you don’t know until you actually know. Cadillac had remained relatively quiet about the electric ESCALADE IQ until this past June, when it started teasing video footage of the SUVs headlamps, building anticipation for today’s unveiling.

Earlier this week, Cadillac’s parent company GM announced that all future BEV models on its Ultium platform will come equipped with bi-directional vehicle-to-home (V2H) capabilities, including the 2025 ESCALADE IQ which was mentioned specifically.

Today, we can confirm the new electric ESCALADE will offer V2H charging, as well as a slew of other new and exciting design and performance elements. Have a look.

Cadillac shows it’s all in with all-electric ESCALADE IQ

I got the invite to attend the official unveiling of the ESCALADE IQ in New York City this morning and speak with the large SUV’s Chief Engineer and veteran GM employee Mandi Damman. There’s a lot to unfold here, so let’s dig in.

First things first, let’s start with the overall look of this new Escalade, reborn for the all electric age. Cadillac’s designers told us the transition into a BEV gave the team the freedom of a blank slate approach, picking and choosing the most recognizable elements to the brand, while binning the unnecessary stuff… you know like a gas tank, engine, transmission, etc.

The result is a BEV that maintains the DNA of Cadillac’s first large SUV, but sports a sleeker, streamlined look that offers the low ride and aerodynamics necessary for ample BEV range (more on that in a bit). In front of the audience in New York, GM President Mark Reuss was already touting the electric SUV as its best driving and most maneuverable Escalade to date.

As you may notice from the images above, Cadillac says it pushed the wheels further to the corners of the Ultium platform for a more planted stance, which also creates a longer wheelbase. The engineers also pushed the passenger compartment back 11 inches offering more room inside.

The hood has been stretched and the rear slanted to offer a new look for the relatively boxy Escalades’s of old, once again contributing to its vital aerodynamics. Cadillac’s engineers shared that they were able to reduce the drag coefficient of the ESCALADE IQ by 15% compared to its combustion predecessor. I sat down with the new electric SUV’s Chief Engineer Mandi Damman and asked her what she is personally most proud of in the vehicle, which she described to me as her “third baby” behind her two actual children:

I’d have to say it’s the overall driving experience because I get caught up in this and then you get in one and the vehicle just shrinks around you, right? Everybody walks up to it and they’re like, ‘wow, this presence and this stance,’ but you get in and it feels small. It’s a full size SUV but that’s what I really love – there were zero compromises. It’s got all the technology that we wanted, there is no base model, it’s all in and I can’t wait for everyone to experience the media drives.

I can’t wait either, Mandi.

Next, let’s peep the ESCALADE IQ’s interior for a second. First thing you’ll notice when you enter the cabin (and in the images above) is the pillar-to-pillar 55-inch diagonal LED display which is split between a 35-inch screen for the driver and a 20-inch screen for the front passenger.

The entire display is powered by Qualcomm Snapdragon and sits above a cantilevered center console that appears suspended in the air, offering space below for belongings or according to Damman, a cooler accessory to keep your kombucha cold (what do Escalade drivers drink?).

The rear seats feature HDMI connections, plus rear displays with access to the internet and streaming apps. The rear center touch screen gives passengers access to climate control and the ability to automatically open and close the doors (with child lock I assume!).

Optional add-ons include a 40-speaker AKG system delivering 360-degree sound throughout the cabin – that’s six more speakers than the AKG system in the current premium Escalades. Take that!

In addition to 212 cubic feet of cargo volume in the interior, the electric ESCALADE IQ boasts a massive frunk etrunk – offering 12.2 cubic feet of additional cargo space. In my interview with Mandi Damman, she told me she thinks consumers will be most excited by etrunk, which can easily hold two golf bags or a large stroller.

I asked about the possibility of it doubling as a cooler, and she told me Cadillac designed a specific tray that can pull out with a rubber liner add on for groceries, cold drinks, etc. Combine that with the V2L add on and the 2025 ESCALADE IQ may be the new tailgate vehicle! Probably not, though…

  • electric Escalade

Other features

There are several innovative features coming to the ESCALADE IQ in addition to V2H charging. We learned that vehicle-to-load (V2L) capabilities will also come available as an add-on option for future customers backed by GM’s Ultify Software which will enable over-the-air (OTA) updates.

One of the cooler features showcased today is the electric ESCALADE IQ’s independent front and rear suspension. This dual-motor system not only offers eAWD, but utilizes four wheel steering to turn on a dime. Mandi Damman shared that this feature enabled engineers to reduced the ESCALADE IQ’s turning diameter by 6.5 feet to just 39.4 feet in all, during slow speeds.

GM President Mark Reuss said the electric Escalade’s turn diameter is now shorter than some sedans. The technology also enhances stability and handling at high speeds when trailering for instance. Check it out:

Standard four wheel steering also enables the all-electric ESCALADE IQ to perform “Arrival Mode,” which is Cadillac’s version of “Crab Walk” first showcased on the GMC Hummer EV. This mode allows the large SUV to drive diagonally at slow speeds to get in and out of tight spots. You can see it in action at around the (2:30) mark in the long form video at the bottom.

Alright, moving on. Another truly interesting feature present in this new Escalade is GM’s Magnetic Ride Control 4.0, bolstered by an Adaptive Air Suspension. The system instantaneously adapts the suspension to adapt to uneven road surfaces to “isolate passengers from undesirable road conditions while providing precise steering and feel.” It’s tough to grasp the smoothness of this technology unless you see it, hence why we included Cadillac’s video showcasing it below. You’re welcome.

Smooth, right? Look at that side profile while we’re at it, and tell me that if you didn’t see the front, you’d know that was an Escalade? Doubt it. One more factor in regard to the adaptive air suspension. Future ESCALADE IQ owners will be back to raise the SUV an inch, or lower it two inches for enhanced capabilities in Low Ride Mode.

Electric Cadillac ESCALADE IQ specs and pricing

Alright, time for the bread and butter – the specs (so far). According to Cadillac, these are the performance specifications it expects to deliver with its first electric large SUV:

  • 24-module Ultium battery pack
  • 200 kWh of usable energy
  • Estimated range up to 450 miles (724 km)
  • Up to 750 estimated horsepower (in Velocity Max Mode)
  • Estimated torque up to 785 lb-ft (in Velocity Max Mode)
  • 0-60 in under 5 seconds (in Velocity Max Mode)
  • 800V DC fast charging
    • 240V (7.7 kW) – Approx. 14.8 miles of range per hour of charge
    • 240V (19.2 kW) – Approx. 37 miles of range per hour of charge
    • DCFC (Public) – Up to 100 miles of range per 10 minutes of charge
  • 8,000 lb estimated towing capacity
  • Comes equipped with V2H, Super Cruise, 4 wheel steering standard
    • V2L available as an add-on

But what about pricing? As GM’s luxury brand, an MSRP for a vehicle donning the Cadillac badge is usually on the higher end, but what about a completely bespoke all-electric large SUV like the ESCALADE IQ?

When plans for the new BEV were first announced, we compared it to the combustion version which starts at $80,000 but is usually priced around $100,000 with add-ons. We of course figured it would cost more than $80k… but perhaps not $50,000 more.

That’s right, the new all-electric ESCALADE IQ will start at a whopping $130,000. That’s over $15,000 more than the starting MSRP of the higher end combustion Escalade ESV, but really not a huge leap when you think about the fact that it’s an all-in BEV with plenty of standard luxury features.

Looking ahead, Cadillac executives say the GM brand will have more exciting BEV news “very soon,” so stay tuned on that. I, of course, asked Damman if she could share anything about what’s next, but all I got was that more Cadillac BEVs are coming, and this is probably not the only version of the ESCALADE IQ we will see.

Until we learn more, you can start saving your pennies if you want to get your hands on Cadillac’s first all-electric ESCALADE IQ. Before that, check out a closer look in the video below:

Electrek’s Take

I admittedly have never been a huge fan of the Cadillac brand or its vehicles, even the Escalade, but I genuinely like this SUV. A lot.

Would I pay $130,000 for it? Probably not. I would probably go for a Rivian, personally, but I gravitate more to that brand’s ethos rather than the high end luxury of Cadillac. The R1S has also begun deliveries, too. Can GM deliver this massive BEV to market?

That’s the biggest question mark here in my opinion, as we’ve seen similar sized GM EVs slowly roll out, like the GMC Hummer EV pickup and SUV. I supposed when you’re charging over $100k a pop, you don’t have to deliver as many, but so far – we’ve seen a lot of sizzle and less tangible steak from GM on the EV market.

Cadillac, however, has done well so far with the LYRIQ. I can’t think of a more clear statement that the luxury brand is all-in on EVs than electrifying the model synonymous with its marque. On paper and at a relatively close look (I couldn’t get inside), the all-electric ESCALADE IQ is a gorgeous and well designed large SUV – I just can’t help but wonder who the targeted consumer is here.

This is going to be one to watch for sure. Looking forward to seeing how it drives.

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Porsche’s new electric Cayenne can charge without plugging in

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Porsche's new electric Cayenne can charge without plugging in

Porsche unveiled its new Cayenne EV today, and it comes with an option for something we haven’t seen out of a factory-equipped car before: inductive charging.

Over the years, we’ve heard plenty of attempts by companies to trick consumers into thinking that it’s possible to make an electric car that doesn’t need to charge.

From Toyota’s dumb “self-charging hybrid” claim, to the new fad of “range extenders”/EREVs (aka plug-in hybrids with a bigger battery), to all manner of solar vehicles, people seem to think that convincing customers that they don’t need to plug in will get them to buy an EV (or, will help them greenwash their gas-guzzling hybrids).

And now the next entry into that group has arrived: the Porsche Cayenne electric, which can indeed be driven without ever plugging in, or gassing up, or even parking in the sun.

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It does have to be parked somewhere specific though: over a pad in your garage. Because this car can be equipped to use inductive charging, right out of the factory.

Inductive charging uses magnetic fields to transfer electrical power, as opposed to conductive charging, which uses a plug. Inductive charging is how phone charging mats work, but in this case, it’s scaled up significantly in size and power.

We’ve seen a few inductive charging projects before, but they’ve always been aftermarket or experimental so far. Or, they’ve been targeted more at commercial or fleet buyers (buses, for example).

There is one mass-produced EV which is rumored to have inductive charging capability, the Tesla Cybertruck, and we know that Tesla is working on a charging pad, which will be helpful if autonomous vehicles ever roll out properly. But nothing has been announced as available yet.

Porsche, however, is ready to announce that the capability is coming to its upcoming Cayenne EV. Porsche has shown off its inductive tech before, but now we got to see it ourselves when we checked out the Cayenne in a studio preview.

Porsche says that its inductive charging system can push 11kW of power, which is plenty for overnight home charging (on the car’s 113kWh battery). It does this at 90% efficiency – not as much as the ~95% of conductive charging, but still quite good. It also requires an extra ~33lbs of coils and wiring onboard the car, which is a significant if not massive weight gain.

To activate the system, the charging pad makes contact with the car via wide-band wireless communication to determine location, then activates when you park in just the perfect spot. The car’s screen shows guide lines to help you find the way to where you need to be – or there’s always the tennis-ball-on-a-string trick if you want to go low tech.

When we tried it out in LA, once we got the system up and running (hot tip: don’t daisy chain two extension cords if you want your inductive charging pad to work), it quickly charged at 11kW, at least according to the in-car system.

The inductive charger includes a lot of safety features to ensure nothing weird happens. Even though it only uses magnetic fields, the mat includes sensors to detect any living or metal objects nearby, it will stop (yes, this includes your cat that likes to sleep under the car, and yes, Porsche gets asked this question often). We saw this happen once in the studio demo, but it quickly turned back on after deciding everything was okay.

The Cayenne will still have its regular conductive charging ports, capable of 11kW AC or 400kW DC charge. But for those who want to forgo the plug, at least at home, the mat is an available option.

That said – pricing and availability are still TBD. The system costs €7k in Europe, plus an electrician, but we don’t know what it will cost in the US yet.

So, there’s still a chance that someone else beats Porsche to the “first” moniker – possibly Tesla, given that it seems to be close to offering an inductive charging system. But there are a lot of hurdles to ensure that the system is reliable in every type of weather and real world situation, and lots of electrical codes to follow. So, it looks like the race is on.

Electrek’s Take

I was quite interested in talking to the engineers about this system, because I hadn’t actually experienced inductive charging in an EV before.

People have been talking about this for a long time, and I used to be excited about the concept of electrified roads where cars could just drive on them and get a charge and never have to plug in.

However, after conversations over the years and experience with how easy driving and charging an EV is, I came to think that inductive charging is mostly a gimmick, and that we will likely rely on conductive charging in the long term (and especially that in-highway charging is a boondoggle that’s never going to be a good option, especially when catenary/pantograph systems exist).

That said, there are still niches and benefits to be had. In a potential fully autonomous future, we’ll need to figure out autonomous charging, and inductive charging could be a good answer for that.

In addition, some drivers do have difficulty with cables. While the NACS cable is much easier to handle than the old CCS cable, an older driver or one with mobility issues might have a hard time plugging in a car. Inductive charging could be good for them.

Or, heck, maybe someone is just lazy. Or doesn’t like cords. And doesn’t mind spending money for these marginal improvements. We can imagine there are Porsche buyers who could fit that description.

I still think the take rate will be relatively low, but it will be interesting to see real world tests of this, how buyers get along with it, and what sort of problems they manage to solve. As much as I’m a skeptic of inductive charging’s usefulness and acknowledger of its limitations, it’s nice to see new things get tried sometimes.

What do you think about Porsche’s inductive charging system? Would you prefer it to conductive charging? How much would you pay to add this option to your EV? Let us know in the comments.


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Hyundai now has Germany’s best-selling EV under €25,000

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Hyundai now has Germany's best-selling EV under €25,000

The Inster, Hyundai’s most affordable EV, is Germany’s best-selling small electric car and top overall vehicle priced under €25,000.

The Hyundai Inster is Germany’s best-selling small EV

After launching the Inster in Europe in late 2024, Hyundai’s smallest and most affordable EV quickly became one of the most popular electric cars in the region.

According to JATO Dynamics, the Hyundai Inster was the 19th most popular EV across Europe in June, outselling the Dacia Spring, Hyundai Kona, and Toyota bZ4X.

In Germany, the heart of Europe, Hyundai’s most affordable EV is making an even bigger impression. Since this summer, the Hyundai Inster is Germany’s best-selling small EV so far in 2025 and just won the Golden Steering Wheel award for best car under €25,000 ($28,900) by AUTO BILD & BILD am SONNTAG.

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Hyundai said the recognition is proof that its vehicles are resonating with buyers across Europe. The Korean automaker will continue expanding its EV lineup, from the small Inster to the three-row IONIQ 9.

Hyundai-Germany's-best-selling-EV
Hyundai Inster EV (Source: Hyundai)

The award comes after the Inster was crowned the 2025 World Electric Vehicle at the World Car Awards ceremony in the spring, held during the New York International Auto Show.

Hyundai’s electric city car starts at just €25,000 ($28,900) in Germany. Despite its small size, the Inster delivers up to 370 km (230 miles) WLTP driving range, fast charging (10% to 80%) in 30 minutes, and a surprisingly spacious and feature-rich interior.

The Inster features dual 10.3″ driver display and infotainment screens with wireless Android Auto and Apple CarPlay as part of Hyundai’s digital cockpit.

By 2027, Hyundai plans to electrify all vehicles sold in Europe. The Inster and IONIQ 9 are now rolling out across the region, and Hyundai plans to build momentum with new EVs, including the IONIQ 3, which will go into production in Hungary in the first half of 2026.

Hyundai-Germany's-best-selling-EV
The Hyundai Inster EV (Source: Hyundai)

In South Korea, Hyundai’s home market, the Inster is sold as the Casper Electric. The compact EV is sold in Japan, Europe, the Middle East, and parts of Asia.

Although those in the US won’t get to see the Inster or IONIQ 3, Hyundai still has one of the most affordable EVs you can get your hands on. With leases starting at just $189 per month, the Hyundai IONIQ 5 is still America’s best deal for an electric vehicle.

Interested in a test drive? We can help you get started. You can use our link to find available Hyundai IONIQ 5 models near you.

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MP Materials stock surges on Pentagon-backed deal to develop rare earth refinery in Saudi Arabia

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MP Materials stock surges on Pentagon-backed deal to develop rare earth refinery in Saudi Arabia

Deutsche Bank on MP Materials upgrade: Stock finally trading on fundamental value

MP Materials surged Wednesday on a deal with the U.S. Department of Defense and the Saudi Arabian Mining Company, Maaden, to develop a rare earth refinery in the kingdom.

The U.S. rare earth miner’s stock was last up about 9%.

MP and the Pentagon will hold a 49% stake in the joint venture, the company said. Maaden’s position will be no less than 51%. The Defense Department will finance the U.S. portion of the venture with MP providing technical and marketing expertise.

The binding agreement to form the joint venture comes after MP and Maaden signed a memoranum of understanding back in May. The agreement will “significantly expand MP’s global footprint” and is structured to “ensure U.S. oversight and alignment with national security objectives,” the company said.

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MP Materials stock over the past six months

MP is also holding talks on a possible collaboration to standup magnet manufacuring in Saudi Arabia.

The Pentagon struck a landmark deal with MP in July that includes an equity stake, a price floor, and offtake agreement. The Trump administration is investing in MP as it seeks to reduce U.S. dependence on China for rare earth imports and stand up a domestic supply chain.

MP CEO James Litinsky has described the company as the U.S. “national champion” for rare earths. Rare earths are crucial inputs in U.S. weapons platforms, electric vehicles, clean energy technology, semiconductor manufacturing and consumer electronics.

Goldman Sachs initiated converage of MP on Tuesday with a price target of $77, implying about 32% upside from Monday’s closing price.

“We believe MP’s downstream expansion into refining and magnet production, accelerated by a partnership with the US government, will strategically position MP as a key supply chain component for rare earth refining and magnet production,” Goldman analyst Brian Lee told clients.

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