Cadillac’s Celestiq Could Sell for Over $300,000
The first electric model from the Cadillac brand has just been launched. The Lyriq SUV hits dealerships soon and get a starting price of $67,698 CAD.
While there’s been no official announcement, speculation has increased regarding the price point for the Celestiq. Most rumours have pointed to a price above $100,000, but a new report citing a credible source indicates that may be a real lowball guess. New information coming from a source close to the Celestiq project indicates we could be looking at a price point in the neighborhood of $300,000 $ USD for the all-electric luxury sedan.
Those who have been waiting for the Celestiq EV may have to reconsider their plans, if the figure is correct. With a price like that, the Celestiq will be targeting the clientele normally catered to by automakers like Bentley and Rolls-Royce. Mind you, that’s what Cadillac used to do, but that takes us back to the pre-war era, a long, long time ago.
A concept version is scheduled to be unveiled at the end of July, and from what we hear, that prototype will be close to production-ready. Production of the Celestiq should begin before the end of 2023.
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