Cadillac Lyriq EV price to start at $59,900

General Motors revealed the production version of the 2023 all-electric Cadillac Lyriq SUV Wednesday along with its starting price.

The vehicle will start production around this time next year at GM’s assemby plant in Spring Hill, Tennessee, nine months ahead of schedule, thanks to advances in virtual technology. But consumers can start ordering the Lyriq this fall.

The Lyriq, along with the luxury brand’s teasing of an upcoming Celestiq electric sedan, reconfirms Cadillac’s commitment to ending internal combustion engine (ICE) vehicles in favor of an all-electric lineup by the end of the decade.

“We’ve been on record saying, ‘We’d enter this decade as an ICE brand and leave this decade as an EV brand,’” said Rory Harvey, vice president of global Cadillac, during a press briefing Tuesday. “Which means that we will not be selling ICE vehicles by 2030.”

The Lyriq will be powered by GM’s Ultium battery platform.