2023 Cadillac Lyriq electric SUV to undercut Tesla

  • Thursday 1st January 1970

A future luxury electric SUV from Cadillac is aiming to steal sales from its competitors with sharp pricing.

The 2023 Cadillac Lyriqrevealed last month – will undercut the Tesla Model X on price, according to recent comments by the boss of Cadillac in the US.

Cadillac President Steve Carlisle says the company has Tesla firmly in its sights, announcing this week the upcoming Cadillac Lyriq will cost less than $US60,000 ($AU84,100). At this price, the Cadillac would also undercut the latest electric SUVs from Audi and Jaguar.

In the US, a Tesla Model X costs about $US85,000 ($AU119,000). In Australia, the Model X starts from $160,011 plus on-road costs.

The chances of the Cadillac Lyric coming to Australia remain slim, but not impossible.

While General Motors – owner of the premium Cadillac brand – plans to cease production of right-hand-drive vehicles globally (with the exception of the Chevrolet Corvette), a number of GM models will likely be offered in Australia under the General Motors Specialty Vehicles banner.

The current range of locally-converted right-hand-drive Chevrolet pick-ups are expected to be joined in Australia by the factory-built right-hand-drive Chevrolet Corvette sports car next year.

However, there is a ray of hope that future electric models from General Motors could be converted locally given they will be built on a common 'skateboard platform', in which different bodies can be fitted on-top of a single type of electric powertrain chassis.

As all driver inputs are connected to the vehicle electronically, rather than mechanically, it means right-hand-drive versions can be more easily adapted. However, it remains to be seen whether there is appetite for such vehicles locally.

Holden Special Vehicles, which remanufactures the Chevrolet Silverado pick-up, remains tight-lipped about its future plans and the rollout of GMSV. In the meantime, it says it is "business as usual" with its Silverado 1500, which is still being sold through the HSV dealer network.

The Cadillac Lyriq is expected to enter production in 2022, so if GM or GMSV were to entertain the idea of this model coming to Australia, it would likely be at least a year or two after it US introduction.

For now, though, for Australian customers it's just a dream.

Tell us if you would like to see the Cadillac Lyriq offered in Australia in the comments section below.