DETROIT – Cadillac’s new entry-level electrical car will likely be a compact-sized crossover referred to as Optiq, the corporate stated Friday.

The Normal Motors model stated the car, which will likely be its fourth EV, will slot under the present entry-level Lyriq midsize crossover EV, which begins round $59,000.

Cadillac declined to reveal pricing and different specifics of the 2025 Optiq, which is predicted to go on sale within the U.S. as early as subsequent 12 months. The car is predicted to be bought in North America, China, Europe and probably different markets.

A Cadillac spokesman confirmed Friday that the model nonetheless plans to solely provide EVs by 2030, regardless of slower-than-expected demand for the automobiles. Cadillac initially introduced the goal a number of years. Its guardian firm, GM, subsequently set a goal to solely provide EVs by 2035.

Cadillac’s first EV was the Lyriq, adopted by a bespoke $300,000-plus Celestiq sedan and an upcoming all-electric model of the Escalade SUV, which begins at about $130,000.

GM, together with Cadillac, has been far slower than anticipated to roll out and produce EVs, as the corporate battled by way of provide chain issues and points ramping up home battery cell manufacturing.

Cadillac bought fewer than 5,400 Lyriq EVs by way of September. The corporate introduced earlier this week it is going to broaden EV gross sales to Australia and New Zealand, beginning with a right-hand-drive model of the Lyriq.

“Cadillac is experiencing nice gross sales momentum because of our robust product portfolio — and we at the moment are increasing our enterprise globally,” stated John Roth, vice chairman of Cadillac, in an announcement. “The introduction of a right-hand-drive Lyriq will allow new alternatives in vital markets the place EV adoption is robust.”