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The 2023 Cadillac Lyriq is the brand’s first modern EV and is set to lead Cadillac into the future. It features cutting-edge technology, including over-the-air updates, a powerful battery system, and an intuitive user interface. With its sleek design and advanced features, the 2023 Cadillac Lyriq will be the perfect car for those who want to experience luxury on the road at an affordable price.

Let’s look at the Lyriq compared to other models and how much you can expect to pay.

The 2023 Cadillac Lyriq is an affordable luxury EV

A blue-green 2024 Cadillac Lyriq electric luxury SUV model plugged in and charging in a mood light showroom
2024 Cadillac Lyriq | Cadillac

The starting MSRP for the 2023 Cadillac Lyriq is $63,795. According to U.S. News, it comes available in three trims, and you can choose between rear-wheel drive and all-wheel drive. It generates an impressive 500 horsepower and has a 0-60 mph time of 5.7 seconds.

Regen on Demand, a feature that would allow for flexibility for various electric-car driving patterns, is available on the Cadillac Lyriq in 2023. The driver may adjust the amount of regenerative braking that the Lyriq generates, and a paddle on the steering wheel can accelerate the vehicle. Without using the brake pedal, you could even bring the Cadillac to a complete stop, depending on the circumstance and the settings of the car.

Range anxiety is a common concern with EVs, so the Lyriq was designed with a 102 kWh battery pack. This allows for a range of more than 300 miles and Level 2 AC charging at home. You can add 52 miles of range for each hour it is plugged in at home. You can also gain 76 miles of charge at public fast-charging stations in just 10 minutes.

The 2023 Lyriq compared to the BMW iX

When we compare the Cadillac Lyriq to the BMW iX, it is much more affordable. The MSRP for the BMX iX is $84,100. Both vehicles are available with all-wheel drive, and the iX can generate 516 hp, only slightly more than the Lyriq. 

The Lyriq comes standard with a seat massage option, while with the iX, it’s optional. Some other features that come standard on the Lyriq but are optional on the iX are adaptive cruise control, automatic parking, a heated steering wheel, and a WiFi hotspot.

The Cadillac Lyriq compared to the Tesla Model Y

With an MSRP of $65,990, the Tesla Model Y is closer in price to the Lyriq than the BMW iX. The Tesla Model Y offers better mileage when considering energy efficiency. In the city, the Tesla Model Y gets 127 MPGe, and on the highway, 117 MPGe. In contrast, the Cadillac Lyriq achieves 82 MPGe on the interstate and 97 MPGe in the city.

Some standard options with the Lyriq and not the Model Y are adaptive cruise control, automatic parking, and a second-row bench seat. However, the Lyriq has less space for cargo than the Model Y. The Cadillac Lyriq provides up to 28.0 cubic feet of space with all seats up and up to 60.8 cubic feet with the second row of seats folded. On the other hand, the Model Y has a maximum of 60.8 cubic feet with the second row of seats folded and 30.2 cubic feet with the seats in place.

After losing its iconic position as the top-selling luxury brand in America, Cadillac has struggled to develop its own identity. Tesla’s entry into the American auto market only added to Cadillac’s difficulties in regaining its former status and reputation with customers. 

However, with its first EV hitting the market, Cadillac may be starting a new chapter as it looks to the future.

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