After the presentation of the Cadillac Lyriq, the 100% electric premium SUV, it remained to be known what its price would be and if it will finally represent a competition for Tesla, which all other car manufacturers have had a hard time catching up.

The car will use the platform vice of GM, will have an approximate autonomy of 480 kilometers and fast charging up to 150 kW. It is not the maximum 250 kW that the Tesla can charge, but it is quite acceptable.

The surprise that no one expected is the price of the luxury car: less than $ 60,000, according to Steve Carlisle, president of General Motors North America. He revealed it during the JP Morgan Auto Conference:

We need to be on the same page. The car needs to be priced similar to any other midsize luxury SUV. It is a price that will not be at 70,000 and it will not be at 60,000 either.

That would place the Lyriq slightly more expensive than a Cadillac XT5 and it will be between 57,000 and 59,000 thousand dollars. Although Carlisle does not expressly mention it, it is quite an aggressive attempt to compete with a Tesla Model Y. Although the cheapest model is located at $ 49,990, the Performance version is priced at $ 59,990.

Cadillac Lyriq: a luxury SUV coming in 2023

He Lyriq It will have a luxury interior with three screens, a 33-inch panoramic front and two rear screens located at the back of the driver and passenger seats.

It will have the latest version of GM’s driving assistance system called Super Cruise which includes lane change and automatic parking.

They ensure that they will have a new sound cancellation system to reduce external noise and driver recognition.

The sale of the car in the United States will begin at the end of 2022, with a view that the bulk of initial sales will be in 2023. There is no date or announcement of its arrival in Europe.