2025 Cadillac Optiq Will Be Eligible For $7,500 Consumer EV Tax Credit
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Adding another all-electric model line to Cadillac’s growing EV portfolio, the 2025 Cadillac Optiq is a small, relatively affordable electric crossover that made its American debut in late May of this year. Now, GM has once again confirmed that the vehicle will be eligible for the $7,500 EV federal tax credit.
The confirmation of 2025 Cadillac Optiq eligibility for the tax credit, which was introduced initially by the Inflation Reduction Act, was provided as part of The General’s Q2 2024 earnings report to shareholders.
The 2025 Cadillac Optiq should be eligible for the full amount of the tax credit. Notably, GM has created an online tool tracking the General Motors models that can get a partial or full clean vehicle credit at the current time.
EV buyers have several options on how to use the tax credit when purchasing an EV. The most popular option is an immediate cash payment of the full eligible amount at the time of purchasing the vehicle, a choice preferred by 90 percent of EV buyers. Other ways to use the credit include using it as a down payment on the vehicle or a deduction on the following year’s income tax return.
The 2025 Cadillac Optiq is offered in two trim levels, namely Luxury and Sport. The Luxury trim will carry an MSRP of approximately $54,000. The exterior design features a black crystal grille, a fastback roofline, and a grooved rear quarter panel window utilizing Caddy’s “Mondrian” styling cues. Also prominent are the brand’s signature vertical lighting elements.
The interior is headlined by a 33-inch LED display offering a billion colors and 9k resolution. The vehicle comes standard with 36 months of GM Super Cruise semi-autonomous driver assist technology service. Safety tech includes but isn’t limited to Adaptive Cruise Control, Blind Zone Steering Assist, Enhanced Automatic Parking, and Forward Collision Alert.
Motivation is AWD thanks to dual GM Ultium Drive electric motors, with a GM-estimated range of 300 miles on a full charge. The motors, powered by an 85 kW battery pack, will crank out 300 horsepower and 354 pound-feet of torque.
The Optiq is expected to arrive in late 2024.
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I still feel like the Optiq is a little overpriced but then again so is the Lyriq.
GM needs to up the Charging speeds on their EV’s.
There is NO reason why they cannot charge at 250kW like Teslas do (They both utilize 400 Volt Architectures)
I will understand if the upcoming Bolt charges at like 150kW but the Nox, Blazer, Optiq, and Lyriq have big battery packs and their charging speed is a joke.
It is almost as if GM did it on purpose. If you get it, you get it.
The Lyriq is so overpriced it shot up to their second best-selling model, now accounting for about a quarter of retail sales.
@Matthew William Berg
Exactly. The demand is there.
It is highly coveted but out of reach for some.
GM can easily sell 100K Lyriqs a year if they lower the price….easily
Cadillac is a Luxury brand, if you want something cheaper get a Chevy, Cadillac is not targeting Chevy Customers… The cheapest Cadillac you will get is an Optiq.
Love how they need Tax Break handouts to TRY AND SELL EVs. So Funny.
Yeah…it’s very funny that they’re giving incentives to buyers who convert to electric, I think it’s F#cking Fantastic. Eventually we’ll all need to switch over to leave a better planet for our children and grandchildren. Have you noticed the weather this Summer…that’s a serious problem. Global Warming is real, and they can get over $12K in Europe as an incentive. I think the government here and there is doing the right thing.
Don’t love how they have to give oil and gas companies, farmers, and ethanol producers trillions in tax dollars to sell gasoline.
Don’t love how companies responsible for air pollution don’t have to pay for our medical bills related to lung cancer and childhood asthma.
O&G don’t get direct subsidies. They get depletion allowance. Hmm, so do the mining companies for Li, Cu, Ni, Co, … It isn’t really even the company getting it. You pay for the right to mine, and then get to write it off over time. And if I remember right one of the big stake holders are the government. Recall how much O&G pay for leases to the government for offshore drilling rights. And then they get to write that off as an expense, well, because it is an expense. Heck Alaskan’s get money back on their income taxes their is so much paid for mining rights.
With the Optic being the XT4 replacement, it actually should be a nice chevy. Perfect for those who want the Cadillac for chevy prices.
That would be the Chevy Equinox EV.
What like the $200,000 Corvette? Chevy is more expensive than the most expensive Cadillac.
Cadillac is a luxury brand. They’re not aiming for volume. That is what Chevy is for.
@Matthew William Berg
Hmmmmm super weird because didn’t BMW sell well over 2 Million vehicles in 2023
Just because you are a luxury brand doesn’t mean you do not want high volume sales.
If we’re going to look at sales across an entire automotive group, GM sold 6.2 million vehicles in 2023.
BMW posted ~ 396k sales in the US last year, but that was across 24 different models.
GM has multiple brands for a reason. They don’t need to try and turn the Lyriq (or Optiq) into a mass market vehicle. They have the Blazer and Equinox for that. And because they use a shared platform they get economy of scale across the board.
@Matthew William Berg
Are you seriously trying to compare the entire GM portfolio to BMW?
BMW is a luxury division which in GM’s portfolio falls to Cadillac.
No, I was comparing the entire GM portfolio to BMW AG (not BMW).
And then I added the additional context of BMW USA’s sales (which includes Mini; just BMW branded would be ~ 362k).
The two companies are structured very differently, which confounds direct comparison. BMW AG’s primary brand is firmly in the premium segment, while GM’s primary brand – Chevrolet – is aimed at mainstream and work vehicles. Additionally, GM is more stratified in its premium offerings, with Cadillac servicing the top of the market and Buick and GMC being positioned between Chevrolet and Cadillac.
GM also sub-brands like Denali and Avenir to further differentiate within the brands, as well as trim designations like Cadillac’s V-series or the Chevrolet SS designation.
@Matthew William Berg
I did not say anything about BMW AG (They sold almost 2.6 Million)
Just BMW Brand specifically. I was not including their Motorcycles, Rolls, and Mini and comparing that to Cadillac sales.
And I pointed out why that is a disingenuous way to compare the two automakers.
BMW is the #1 selling Luxury brand, all of the SUVs are made here in the U.S. There are very few Cadillacs in Europe.
@Don
Exactly right.
GM really dropped the ball in Europe. Cadillac should be a much bigger brand World Wide.
Ah, the inevitable musk compare. The Lyriq is a nice looking well equipped vehicle for less than a tesla. Saw one story where one woman had bought a Y and paid 74 grand for it. For a Y. Hilarious. She wanted out but was upside down on the loan. If you want overpriced, look at tesla’s.
@mkAtx
The most expensive Model Y (Performance with 2K paint and white seats) is $53,130
RWD starts at 45K
Dual Motor starts at 48K
The Optiq starting at 54K (Standard Dual Motor) is way too much. It is way slower than the Dual Motor Tesla Model Y and is more expansive than the Performance which starts at $51,500
But sure anyone pointing that out must be only be a Musk Fanboy evidently.
That’s not like for like compare. You forget that the Optiq comes standard with SuperCruise and 3 years of use. As well as 8 years connectivity. (Tesla is a 30 day trial according to the website. Let’s do the long range dual motor since that’s closer in performance.
Any color other than Grey is minimum $1k-$2k
20” rims $2k
Self driving $8k
47,900 + options to equip like the Optiq $58,900.
@lscamp
Tesla Autopilot is standard. The FSD software is free for 30 Days
Even when Tesla offered Enhanced Autopilot, that wasn’t really comparable to SuperCruise, so adding $8k* for a more apple-to-apples comparison is apt.
* Or $7164 for three years worth of subscription, but at that point it makes more sense to just pay for a perpetual subscription.
Not everybody is buying for speed. The competition for this isn’t the Model Y, it’s something like an Audi Q4 or Mercedes EQB, and it’s competitively priced for *that* segment.
Since when can you buy a 2wd Model Y Tesla ? Must be an alternate universe.
Oh sorry I stand corrected… You can buy a MODEL Y 2wd for $45,000 (plus probably). I was taking MUSK at his word when he said “ALL MODEL Y will be AWD”. Guess he changed his mind again – like when he wanted to drop the supercharger business and then a week later hired some of the SC people back.
I don’t really want a crappy Tesla – its a real crap shoot as to whether you’d get a good one or not.. My Nephew rented a Hertz bare bones MODEL 3, and it was pretty underwhelming… I don’t remember seeing such a plain jane car out of DETROIT in many decades…
Also, GM just bought me a new 65 kwh battery for my 50,000 mile BOLT EUV, and had already replaced the battery in my 2023 LYRIQ.
No way would Tesla give me that kind of consideration,.
Funny, just looked it up, Y, perf, AWD max price 64 grand. So maybe the woman bought it a few years ago when they were gouging more for those Yugo interior cars. I’ll say it again, the tesla brand is NOT a lux brand. The interiors are embarrassingly cheap. If caddy had an interior like that people would be screaming the got ripped off. And you can’t get leather. Sorry, a lux car has leather, preferably semi-aniline is an option.
And please don’t call me a muck cultist. I despise the man and am offended you could get that from my comment.
So actually there is a reason they can’t charge at 250kW on 400V vehicles. CCS has a current limit of up to 500A. Because of the way GM has designed the Ultium battery modules and how many they can fit in the Optiq, the nominal pack voltage for the Optiq is ~300V. That means at a maximum of 150kW at 500A and 300V for fast charging.
The reason Tesla can push more with with their 400V architecture is NACS has a maximum interface temperature instead of a maximum current. Which means they can keep pushing more power (so long as the vehicle can handle it) until it reaches the maximum connector temperature, at which point it backs off. GM should be able to do that once they switch to NACS, allowing them to push more power into the battery when fast charging with a native NACS cable. The question is will they actually do it or just be lazy and keep the maximum current spec, rather than the maximum interface temperature spec.
@Aubury
Thank you so much for the explanation. I did not know that.
Another reason why Legacy Auto cannot switch to NACS quickly enough. I know of at least five friends (Three for GM and two Non GM) that are waiting to pounce on the cars they want but will not do so until they come with the NACS port on the vehicle.
Max charging speed is total nonsense. Like the megapixel wars with digital cameras a decade ago. I have a car that theoretically can do 250kw. At 5% it’ll do it for maybe 90 seconds. The max speed is almost useless. It’s the charge curve in the middle that matters. Can you sustain 100-150kw all the way through 60-70%?
Haha, yeah….. People always complained about the BOLT ev and euv’s S – L – O – W fast charging speed of around 53 kw on down…..
My 102.5 kwh LYRIQ battery is about 50% bigger than my 65 kwh bolt batteries, and its charging rate is really only about 50% faster overall – like an average of 74 kw…
Yes the claimed 180 kw fast charging speed (I’ve seen 173 kw for a very few minutes) is really kind of a joke since it will quickly throttle down quite low for a long time during the charging curve. The only time when it won’t is when you charge up at one of those 100 kw EVGO chargers, where the maximum charge rate is in the mid 70’s kw.
At the ‘ULTIUM Flying J’ station where I use my unlimited 2 years free fast charging card, the ‘350 kw’ charger will drop from 500 amperes to 200 amperes per side if there is a second car charging at the shared station. At that point it acts exactly like the 100 kw EVGO stations so that’s really good enough.
So the LYRIQ, the vast majority of the time, given the size of the battery, doesn’t really ‘fast charge’ much, which is okay with me. Surprisingly, few people have complained about it as I thought they would have.
@Danc
I am not understanding what you mean that it is nonsense?
When I road trip my car gets plugged in and by the time I use the restroom and order some coffee and or snacks my car is pretty much at 80% give or take within those 15 minutes.
That is a huge difference then having to wait for 30 minutes.
The 15 minutes my car is plugged in I do not even notice the time as I would be doing the same thing if I had an ICE car.
A lot of Tesla SC stalls are still V2 and only support 150kw. It’s plenty fast.
Tesla advertises 250kw capability in their cars, but that’s peak, and they only can achieve it at low state of charge and preconditioned battery. And only for a short period of time.
Charge curve is just aa important as peak rates.
Aside from the interesting name, styling looks alright. Not weird looking angles, I think
I’m in.
Saw one on the hwy the other day. A real nice looking vehicle in a blue metallic.
@GeorgeS
I do like the looks of it as well. If I could nit pick I would make the so called grill a little bit bigger though
So far this seems like the best Ultium offering so far.
“ the 2025 Cadillac Optiq is a small, ”
Small?!
Mid-size I could agree with, but it’s not small.