GM has made it clear that it will phase out internal combustion engine vehicles by 2035, with the entirety of its retail portfolio set to consist of battery-electric vehicles only. This strategy will not be exclusive to North America, with GM set to offer electric Chevy, Buick, Cadillac and GMC vehicles in a wide variety of markets.
One important market that GM currently operates in that will be included in this EV revolution is Brazil. The automaker has already confirmed it will bring its electric Chevy vehicles to the South American country, including the Blazer EV and Equinox EV, however a new report from local automotive outlet Quatro Rodas states certain Cadillac EVs will also be sold there.
Quatro Rodas‘ report indicates the Cadillac Lyriq would be the first electric model offered by the American luxury brand in Brazil, while the brand’s upcoming small electric crossover, which is roughly the same size as the current Cadillac XT4, may also be sold there. The publication estimates the Cadillac Lyriq would carry a price of around 550,000 Brazilian Real, which is equivalent to about $108,000 USD at the current exchange rate. In the U.S., the Cadillac Lyriq is priced from $62,990 in the base Luxury trim level.
Santiago Chamorro, president of GM South America, recently said that the GM subsidiary is exploring new possibilities in Brazil as the automaker transitions to a fully electric product portfolio.
“Electrification brings another perspective to GM in South America, mainly due to the vehicles, technologies and services we develop globally,” Chamorro said in a statement, which has been translated from Portuguese to English. “We are evaluating new business opportunities in the region with a view to greater diversification.”
U.S. customer deliveries of the 2023 Cadillac Lyriq Debut Edition, which entered production at the GM Spring Hill plant in Tennessee in March, are currently under way. Production and deliveries of the Lyriq will slowly ramp up throughout the remainder of the year.