GM’s Cadillac Lyriq SUV enters the fray in China as battle intensifies in world’s largest EV market
- The Cadillac Lyriq electric SUV has received 5,000 orders since it went on presale on November 20
- GM’s SUV, which starts at 439,700 yuan, goes up against NIO’s ES8
The Cadillac Lyriq, a midsize luxury electric SUV, has received 5,000 orders since it went on presale on November 20, SAIC Motor, GM’s joint venture partner, said in a statement on Wednesday.
The keen interest in the SUV, whose deliveries are expected to start in mid-2022, is seen as a sign that conventional internal combustion engine (ICE) carmakers are lifting their game in the world’s largest EV market, where three out of every five cars will be battery powered by 2030.
“The number of orders in just 20 days shows that Cadillac’s vehicles are highly competitive,” said Chen Jinzhu, chief executive of Shanghai Mingliang Auto Service, which offers vehicle maintenance services. “Conventional carmakers are gearing up to catch up with the country’s accelerated pace of electrification [on the roads].”
