2026 Cadillac Escalade IQL priced at $132,000 to start
Cadillac has released pricing information for the 2026 Cadillac Escalade IQL, the long-wheelbase version of the brand's cornerstone vehicle.
The variant comes nearly two years after Cadillac revealed its first all-electric full-size SUV.
Starting at $132,695, the price includes destination freight charge but not tax, title and dealer fees.
If buyers initiate the velocity max feature, the vehicle can reach 750 horsepower and 785 pound-feet of torque, Cadillac said. The vehicle could also reach 60 mph in 4.7 seconds.
The SUV promises more cargo space, executives said in a news release, as well as Cadillac-estimated range of 460 miles on a full charge. Cadillac also anticipates faster charging turnaround, with customers plugging in to fast charging stations pulling in 116 miles of range in 10 minutes.
Cadillac plans to sell the 2026 Cadillac Escalade IQL in all its 10 markets, including China and Canada, with production slated for mid-2025 at General Motors' Factory Zero plant in Detroit.
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Cadillac is inching closer to its goal of having an all-electric vehicle lineup by 2030, an ambitious goal even without criticism of EVs from President Donald Trump.
John Roth, 56, vice president of Global Cadillac, told the Free Press that the brand's vision plan, first drafted in 2015, has come to fruition this year.
'As you scanned the luxury landscape at that time, you saw brands moving up and becoming truly tier one, and others struggling in the marketplace that I call 'plus plus' — with a sister division that just takes a model and puts luxury elements on it,' Roth said. 'Are you truly engineering a portfolio and a platform from the ground up and making it a luxury vehicle? That's where Cadillac wanted to go.'
Cadillac's all-electric options come as the company has finally exceeded pre-pandemic sales volume.
Cadillac sales of 160,204 last year marked a 2.5% increase from 156,246 in 2019, according to the Automotive News Data Center. Still, it remains lower than the brand's peak of 235,002 Cadillacs sold in 2005, the highest annual figure in a data set going back to 2004.
So far, GM's luxury EV sales show how viable the new powertrain is for customers — once production hurdles were solved. The Lyriq launched in 2022 and the U.S. Cadillac dealers sold only 122 vehicles thanks to assembly line issues. Sales rose exponentially in 2023, with 9,154, and 28,402 in all of 2024.
If you apply the thought process first planned in 2015, General Motors would have arrived at an EV strategy even without pressure from federal and safety agencies promoting sustainable vehicle production, Roth said, because of what a battery wrapped around platform enables auto designers to do.
'You end up with cars and SUVs like we have today because you're no longer constrained by the traditional gas elements that make up a vehicle,' he added. 'Blistering fast relative to an ICE counterpart, but one with driving dynamics built into it.'
Escalade sales, in particular, rebounded quickly from the pandemic, with 41,671 total sold last year.
The new Escalade, 'is literally its own platform, design, wiring architecture and exterior vehicle design,' he said. 'If you set the two of them next to each other, they still have Escalade characteristics, but the IQ is a completely different vehicle than its sister.'
The next vehicles Cadillac launches will be the Optiq compact SUV and a three-row Vistiq SUV.
There's no telling what the rest of this year holds, particularly with the first cannon blasts of a trade war firing this week. Still, as ever, there's optimism in the auto industry, and Roth is among those looking forward to the next five years.
'Every big milestone of innovation meant volume growth and brand growth for General Motors,' he said.
Jackie Charniga covers General Motors for the Free Press. Reach her at jcharniga@freepress.com.
This story was updated to add a video.
This article originally appeared on Detroit Free Press: New electric Cadillac Escalade priced at $132,000 to start
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