2023 Cadillac Lyriq EV Pricing from $62,990 in U.S.

Cadillac on Monday announced pricing for its upcoming all-electric SUV, the 2023 Lyriq, as it gears up to open mass orders for the electric vehicle (EV) later this week on Thursday, May 19 (via Roadshow by CNet).

The 2023 Lyriq will start at $62,990 USD for a rear-wheel drive (RWD) configuration capable of delivering 340 horsepower with an EPA-estimated range of 312 miles (502 km). Switching to the all-wheel drive (AWD) configuration ups output to 500 hp and allows for a 3,500-pound towing capacity, but also bumps the starting price up to $64,990. All prices include $1,195 in destination charges.

Cadillac, the luxury vehicle division of General Motors Co., unveiled the 2023 Lyriq back in April of last year. GM opened up a small batch of pre-orders for the ‘Debut Edition’ 2023 Lyriq at a starting price of $59,990 later in the year. Pre-order units were all sold out in just 10 minutes.

The Debut Edition was only available in gray and black colors, while the production 2023 Lyriq also has blue and white options.

Cadillac is offering some compelling charging incentives to 2023 Lyriq buyers as well. Anyone who orders one will either get two years of unlimited free charging at EVgo charging stations, or $1,500 toward the installation of a Level 2 home charger.

Debut Edition 2023 Lyriq customers will also be eligible for the same incentives, which can be redeemed retroactively. It should be noted that the $1,500 toward a Level 2 home charger will only cover installation cost, not the cost of the charger itself.

Cadillac is still producing Debut Edition 2023 Lyriq units, which haven’t had all of their pre-orders fulfilled yet. GM expects to start delivering RWD 2023 Lyriqs to customers later this year, while the AWD trim won’t begin deliveries until early 2023.