Cadillac to Price Celestiq EV Around $300,000

by Msnbctv news staff

© Reuters. Cadillac to Value Celestiq EV Round $300,000 – Report

By Michael Elkins

Common Motors (NYSE:) is about to disclose later this summer season a prototype of the automobile, named the Celestiq. The Celestiq electrical sedan will probably be made underneath GM’s luxurious model, Cadillac, and will probably be priced at round $300,000, in line with the Wall Avenue Journal citing folks accustomed to the matter. The corporate has but to formally reveal the worth of the automobile.

Common Motors has stated the sedan will probably be Cadillac’s premier providing and custom-built at its engineering middle close to Detroit. The automaker intends to construct fewer than 500 Celestiqs yearly as a solution to showcase its expertise and generate buzz for Cadillac, the folks stated.

Cadillac not too long ago started rolling out its first-ever electrical mannequin, the Lyriq, a midsize SUV that GM is constructing at a plant in Tennessee. The Celestiq is anticipated to be amongst a number of new Cadillac EVs within the coming years.

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