Back in August 2023, General Motors officially pulled the sheets off the 2025 Cadillac Escalade IQ, which represents the first all-electric variant of the venerable Escalade nameplate. Of course, as a large SUV, one would imagine that the battery is equally as large, and subsequently expensive. With this in mind, a recent report found that the Escalade IQ’s battery is estimated to cost more than the starting price of a brand-new Chevy Trax.
So, why the astronomical price? Well, it largely comes down to battery composition and battery capacity. The battery used in the Escalade IQ boasts a 200 kWh capacity, and is made of lithium nickel cobalt manganese oxide, which costs roughly $112 per kWh. While expensive, the significant nickel proportion increases the battery’s energy density and allows for longer range.
As a reminder, the 2025 Cadillac Escalade IQ marks a departure from the traditional ICE-powered Escalade. In terms of the exterior styling, the all-electric model features a softer overall design, and offers a two-tone paint treatment and optional 24-inch wheels.
Moving to the interior, the cabin space is highlighted by a curved coast-to-coast 55-inch LED display. Available technology features include GM Super Cruise driver assist.
Under the skin lies the GM BT1 platform – which is also utilized by the Chevy Silverado EV, GMC Sierra EV, GMC Hummer EV Pickup and GMC Hummer EV SUV. Production of the upcoming Caddy all-electric SUV will take place at the GM Factory Zero plant in Michigan, previously known as the GM Detroit-Hamtramck plant.