Cadillac recently revealed its “LOVE” IQ EV portfolio in China, a clever acronym that covers its first four all-electric offerings in the large Asian market: the Cadillac Lyriq, Optiq, Vistiq and Escalade IQ.
Cadillac made the announcement alongside the global debut of the new Cadillac Vistiq, confirming the EV – which will slot between the Lyriq and Escalade IQ – for China. The Lyriq is already offered in the market, and the Optiq will soon follow suit in a few weeks, followed by the Vistiq in late 2024. All three of these vehicles will be manufactured in China, meaning they will not need to be imported for sale in the market, thereby avoiding hefty import taxes.
The Escalade IQ, meanwhile, will be built in the U.S., rolling off the assembly line at the Detroit-Hamtramck plant, also known as Factory Zero. From there, it will be exported to China, making it the only vehicle from the LOVE IQ EV portfolio that will not be manufactured locally.
“As the world’s largest EV market, China is strategically important for Cadillac,” said Vice President of Cadillac China, Tim Heile, in a statement. “By the end of next year, Cadillac will introduce more new EVs in China in addition to a rejuvenated internal combustion engine vehicle portfolio as the brand strives to fulfill customers’ diverse preferences and reinvent luxury mobility.”
The LOVE IQ EV portfolio will be available through the luxury marque’s Pure IQ Space network, which consists of upscale storefronts dedicated entirely to the sale of Cadillac EVs in China. Currently, the network includes stores in Hangzhou, Nanjing, Zhengzhou, Guanzhou, Shenzhen and Chengdu and Shanghai, among other Chinese locations.
Additionally, it’s worth noting that the LOVE IQ EV lineup will be sold alongside the ICE-powered vehicles currently offered in China, including the GT4, XT4, XT5 and XT6, plus the CT4, CT5 and CT6.
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