2025 Cadillac Lyriq With Right-Hand Drive Officially Announced In Japan
Scheduled for a Spring 2025 launch.
Read More »In the United States, Cadillac Lyriq deliveries totaled 86 units in Q4 2022.
MODEL | Q4 22 / Q4 21 | Q4 22 | Q4 21 | YTD 22 / YTD 21 | YTD 22 | YTD 21 |
---|---|---|---|---|---|---|
LYRIQ | * | 86 | * | * | 122 | 0 |
Cadillac Lyriq sales during the fourth quarter of 2022 moved the luxury crossover up to third in the electric luxury D-crossover segment compared to last quarter when ranked by sales volume. The Tesla Model Y earned first place with a 58 percent jump to 63,800 units, while the Audi e-tron placed second with a 42 percent slide to 1,145 units. The Cadillac Lyriq took third with 86 deliveries, while the Jaguar I-Pace slipped to fourth with a 97 percent drop to 14 units. The Lyriq was not available during Q4 2021, so no year-over-year comparison is available.
MODEL | Q4 22 / Q4 21 | Q4 22 | Q4 21 | Q4 22 SHARE | Q4 21 SHARE | YTD 22 / YTD 21 | YTD 22 | YTD 21 |
---|---|---|---|---|---|---|---|---|
TESLA MODEL Y | +58.31% | 63,800 | 40,300 | 98% | 94% | +33.99% | 231,400 | 172,700 |
AUDI E-TRON | -42.20% | 1,145 | 1,981 | 2% | 5% | +1.00% | 7,503 | 7,429 |
CADILLAC LYRIQ | * | 86 | * | 0% | 0% | * | 122 | 0 |
JAGUAR I-PACE | -97.67% | 14 | 600 | 0% | 1% | -72.04% | 394 | 1,409 |
TOTAL | +51.69% | 65,045 | 42,881 | +31.88% | 239,419 | 181,538 |
From a segment share standpoint, the Lyriq held less than one percent. The Model Y posted a dominating 98 percent segment share, up four percentage points, while the e-tron held a two percent share, down three percentage points. Like the Lyriq, the I-Pace also posted a less-than-one percent share.
As a whole, the electric luxury D-crossover segment grew 52 percent to 65,045 units during Q4 2022, mostly due to growth posted by the Tesla.
Cadillac Lyriq sales remained minimal during the fourth quarter of 2022 as a result of non-existent inventory, caused by low production volumes during its launch, which is still ongoing.
Production of the 2023 Cadillac Lyriq kicked-off on March 21st, 2022, at the GM Spring Hill plant in Tennessee, which GM upgraded as part of a $2 billion investment to bring the facility up to spec for electric vehicle production. Since then, GM has steadily increased production output almost every month, as follows:
In total, 8,195 units of the Cadillac Lyriq were produced in 2022, with the highest monthly production total set in November. The nearly 3,000 Lyriq units produced in January 2023 is the largest monthly production total since the model began rolling off the assembly line in March 2022. The latest monthly production figure, received by GM Authority through mid-February, brings the total number of 2023 Cadillac Lyriq EVs assembled to 11,175 units.
However, those assembled Lyriqs were not shipping due quality issues, which has since been resolved. Following production and shipping delays, some 2023 Lyriq orders will be shifted over to the 2024 model year.
Although Lyriq assembly rates are increasing, output is still restricted by the limited amount of Ultium batteries and Ultium Drive motors as GM works to increase supply via the Ultium Cells plants. What’s more, production of Ultium batteries and motors has already begun at the new Ultium Cells plant in Ohio. GM has also secured a $2.5 billion loan from the U.S. Department of Energy to finance the construction of three more Ultium manufacturing plants:
Introduced for the 2023 model year, the Cadillac Lyriq stands as the luxury marque’s first entry into the budding EV market.
The 2024 Cadillac Lyriq arrives with several important changes and updates. Among these is the introduction of new trim levels, Tech and Sport, with the Luxury trim level slotting between those per the Cadillac’s Y-trim level strategy. All three trim levels (Tech, Luxury, Sport) are available in the U.S. with either rear-wheel-drive or a new all-wheel-drive option. The all-new Cadillac Lyriq Sport AWD variant made its world debut in China.
Regardless of the trim level selected, Lyriq range-per-charge is estimated at 308 miles for rear-wheel-drive models, with motor output set at 340 horsepower and 325 pound-feet of torque, and 307 miles for all-wheel-drive models, with motor output set at 500 horsepower and 450 pound-feet of torque. The all-electric luxury crossover rides on the GM BEV3 platform.
The 2024 Cadillac Lyriq will be the first GM vehicle in North America to feature 5G network connectivity, standard on all trim levels. The 2024 Lyriq also gets a new power panoramic dual-panel sunroof along with a newly available Nappa Leather seating package, which is genuine leather made from calfskin or other types of soft cowhide. Smaller revisions can be found throughout, including the addition of the Rear Camera Mirror feature, 22-inch Dynamic Split Spoke Reverse Rim alloy wheels with a Polished Gloss Black finish, new paint colors and new seat colors, and – as GM Authority was first to report – flush mounted door handles.
Production of the 2024 Cadillac Lyriq is set to get underway on March 20th, while production of the 2023 Cadillac Lyriq will end three days earlier on March 17th. The online configurator tool is live for the 2024 Lyriq.
As production continues to ramp up and more battery cell plants come online, we expect Ultium motor and battery production to drastically increase, unlocking substantial growth of the Cadillac Lyriq all-electric luxury crossover.
Additionally, as part of the Inflation Reduction Act, the Cadillac Lyriq now qualifies for the $7,500 EV federal tax credit for customers who purchased and placed into service vehicles since January 1st, 2023. This tax credit should encourage interest across the industry that could result in 50 percent of new car sales being EVs by 2030. For its part, GM plans to launch 30 new EVs worldwide by 2025.
Scheduled for a Spring 2025 launch.
Read More »Headlight glare keeps it off Top Pick list.
Read More »Plus, a nationwide lease on all-electric off-road Pickup and SUV.
Extra comfort for rear-seated passengers.
Filings made in 24 countries, so far.
The sweepstakes closes on December 22nd and the drawing will take place on December 28th.
At a time of year when luxury car ATP usually rises.
Sales decreased 5.6 percent to 16,670 units during the first ten months of 2024.
View Comments
Everyone has brought up the poor production rate on all of GM’s EV vehicles, so I won’t. With that being said, someone please explain why in the hell GM continues to advertise these vehicles constantly on TV, when they are no where near ready for production? Still seeing Hummer commercials, been available for a year and a dealer is lucky to see 1-2 units a year. Silverado, Blazer and Equinox EV’s are all I see from Chevy and those are a long ways from Production. How about don’t advertise these heavy until you are months away from production and can fulfill more than 86 units in a quarter!!!
to build up the vibe, yet doesn't want to lose the momentum, yet, they did loose the customer trust.
Customer move on.
GM is greedy, but that's fine, because they have commitment to fullfill to the board of directors, ensuring a return of investment is within their parameters. Customer expectation and corporate goals can be very different.