Cadillac has announced its first-ever electric V-Series model, the Lyriq V, set for a global launch in 2026. This high-performance EV aims to compete with established premium electric vehicles like the BMW i4 M50, Hyundai Ioniq 5 N, and Tesla Model Y Performance.
Global Launch and Australian Availability
Key details of the Lyriq V announcement:
- Global launch confirmed for 2026
- Will be available in Australia and New Zealand
- Factory-built right-hand drive version confirmed
- Exact specifications and timing to be revealed in early 2025
V-Series Legacy
The significance of the V badge for Cadillac:
- First application of V-Series designation to an EV
- V-Series known for high-performance internal combustion models
- Includes vehicles with turbo and supercharged V6 and V8 engines
- Blackwing badge reserved for the most powerful variants
Performance Expectations
While specific details are yet to be confirmed, the Lyriq V will need to surpass:
- Current Lyriq models: 388kW (520hp) from twin motors
- Competitors' power outputs:
- Tesla Model Y Performance: 393kW
- BMW i4 M50: 400kW
- Hyundai Ioniq 5 N: 487kW
Market Positioning
The Lyriq V's place in the Cadillac lineup:
- Current Lyriq models priced from $117,000 to $119,000 (before on-road costs)
- V model expected to command a premium over existing variants
- Aims to combine luxury, performance, and innovation in an EV package
Cadillac's Australian Strategy
Cadillac's approach to the Australian market:
- EV-only presence in Australia
- Opening of first Australian 'Experience Centre' in Sydney
- Lyriq V part of broader strategy to establish Cadillac as a premium EV brand
With the announcement of the Lyriq V, Cadillac is making a bold move into the high-performance electric vehicle segment. By leveraging its V-Series heritage and adapting it to EV technology, Cadillac aims to challenge established premium electric brands and carve out a niche in the rapidly evolving luxury EV market.