Cadillac''s $300,000 Luxury EV To Be Revealed This Summer
Cadillac''s $300,000 Luxury EV To Be Revealed This Summer Cadillac has a near-term desire to reclaim its decades-old slogan "Standard of the World" with a $300,000 all-electric luxury sedan unveiled this summer. WSJ reports the "Celestiq" will be a flagship luxury sedan, equipped with an all-wheel-drive electric powertrain capable of a 300-mile driving range and packed with groundbreaking technologies (including a hands-free assisted-driving system). Cadillac plans to produce only 500 Celestiqs per year in an $81 million facility at GM''s Global Technology Center in Warren, Michigan. "The Celestiq price tag could run well beyond $300,000 depending on added features, and the car is scheduled to go into production by late 2023," WSJ noted, citing people familiar with the project. Celestiqs will be priced in a range comparable to the Mercedes-AMG S65 ($230k), Bentley Flying Spur ($214k), and Rolls-Royce Ghost ($312k). Cadillac wants Celestiq to be the ultimate status symbol and the Holy Grail of luxury vehicles after being outshined by numerous luxury car makers from Europe for decades.
Cadillac''s $300,000 Luxury EV To Be Revealed This Summer
Cadillac''s $300,000 Luxury EV To Be Revealed This Summer Cadillac has a near-term desire to reclaim its decades-old slogan "Standard of the World" with a $300,000 all-electric luxury sedan unveiled this summer. WSJ reports the "Celestiq" will be a flagship luxury sedan, equipped with an all-wheel-drive electric powertrain capable of a 300-mile driving range and packed with groundbreaking technologies (including a hands-free assisted-driving system). Cadillac plans to produce only 500 Celestiqs per year in an $81 million facility at GM''s Global Technology Center in Warren, Michigan. "The Celestiq price tag could run well beyond $300,000 depending on added features, and the car is scheduled to go into production by late 2023," WSJ noted, citing people familiar with the project. Celestiqs will be priced in a range comparable to the Mercedes-AMG S65 ($230k), Bentley Flying Spur ($214k), and Rolls-Royce Ghost ($312k). Cadillac wants Celestiq to be the ultimate status symbol and the Holy Grail of luxury vehicles after being outshined by numerous luxury car makers from Europe for decades.