Initially teased as a 2021 model, the all-electric Cadillac Lyriq has been a long time coming. You might have also seen it in Will Ferrell’s Super Bowl commercial, where it boasted General Motors’ patented ultium battery. It’s Cadillac’s first electric offering, set to compete with the Tesla Model X and Audi e-tron.

Though you can’t pre-order the 2023 Lyriq yet, Cadillac invites you to sign up for the latest email updates. The luxury automaker also showcases many of the Lyriq’s standard features but offers little insight into pricing. What does this electric crossover offer, and how much will it cost?

Inside the 2023 Cadillac Lyriq

The 2023 Cadillac Lyriq will be one of the first vehicles to use GM’s ultium battery. It’s the same nickel manganese cobalt chemistry battery present in most EVs, only this one features extra aluminum. It’s also made with flat pouch-style cells that can cool the battery more efficiently.

With more nickel and less cobalt, the batteries are also less expensive to sell and produce. Cadillac claims the Lyriq’s ultium battery is rated at 100 kWh, capable of 340 hp. Rear-wheel drive is standard, and all-wheel drive is optional, with the latter adding a second electric motor on the front axle. 

As for range, Cadillac says its electric crossover will get over 300 miles on a fully charged battery. Cadillac will also include a reportedly segment-leading home charger that restores 52 miles of range each hour. At a DC fast-charging station, it needs 10 minutes to restore 76 miles of range.

The Cadillac Lyriq also comes equipped with Regen on Demand technology, an optimized form of one-pedal driving. Using steering wheel-mounted paddles, drivers can get the best performance and efficiency from the vehicle simultaneously. The EV will ride on 20- or 22-inch wheels, and the drive should be whisper-quiet with next-gen Active Noise Cancellation.

The Cadillac Lyriq’s exterior design features a wide grille complemented by narrow lights, plus a hatch-like roofline. These LED headlights also reportedly showcase a choreographed lighting sequence and are the first vertical lamps in the modern automotive industry. The luxurious interior has a minimalist design, though the 33-inch curved LED display certainly veers toward extravagant.

Cadillac says higher trims will have Super Cruise technology, allowing drivers to go hands-free during highway driving. Top-tier trims will also probably include a high-quality speaker system from AKG. Many standard convenience features, like Wi-Fi and smartphone integration, are also a given.

How much will a new Cadillac Lyriq cost?

According to Cadillac’s press release, buyers can start placing pre-orders for the 2023 Lyriq in September. Customers should get their cars in the first quarter of 2022. We know the actual cost of only the base trim so far, which starts at $59,995.

This aligns with speculation from Car and Driver that the special ultium batteries would likely prompt a price hike. As for the higher trims, C/D estimates the Premium Luxury will retail for around $70,000. The Cadillac Lyriq Sport might start at $80,000, and the range-topping Platinum model will probably cost around $90,000 or more.

The future of GM’s EVs

The GMC Hummer EV will also get the ultium battery, generating 625 hp and over 300 miles of range. It won’t go on sale for a few more years, but it will come with a plethora of off-roading equipment. Pricing for the Hummer EV ranges from $79,995 to $105,595.

Cadillac will also release its flagship hatchback, the Celestiq, soon. And all-electric versions of the GMC Sierra and Cadillac Escalade should debut for the 2023 model year.