US luxury automaker Cadillac has officially announced the development of a high-performance variant of its Lyriq mid-size electric SUV, to be designated as the Lyriq-V. This exciting revelation came during a global announcement in Sydney, where General Motors Australia managing director Jess Bala confirmed Australian market inclusion.
Australian Market Confirmation
In an exclusive world-first announcement, Ms Bala revealed that the V-Series Lyriq will join Cadillac’s Australian and New Zealand portfolio in 2026 as a factory right-hand-drive electric vehicle. This strategic decision aligns with Australia’s National Electric Vehicle Strategy, demonstrating Cadillac’s commitment to the region’s growing EV market.
“Very excitingly, I do have a bit of news to share today,” Ms Bala said. “You are the first to know, anywhere in the world, that Cadillac will be introducing a V-Series Lyriq and, I can confirm that the V-Series will join the Cadillac Australia and New Zealand portfolio in 2026.”
Performance Foundation and Technical Expectations
Current Lyriq Specifications
The regular Lyriq 600EV currently delivers impressive performance metrics, providing a solid foundation for the upcoming V-Series variant. With 373kW power output and 600Nm torque, combined with all-wheel drive capability, the standard model achieves 0-100km/h acceleration in just 5.3 seconds.
Lyriq-V Performance Specifications
| Specification | Standard Lyriq 600EV | Expected Lyriq-V |
|---|---|---|
| Power Output | 373kW | 450kW+ (estimated) |
| Torque | 600Nm | 700Nm+ (estimated) |
| Drivetrain | All-Wheel Drive | All-Wheel Drive |
| 0-100km/h | 5.3 seconds | <4.5 seconds (estimated) |
| Market Launch | Late 2024/Early 2025 | 2026 |
| Starting Price | $117,000 AUD | TBA (Premium expected) |
Strategic Market Positioning
Electric-First Strategy
Cadillac’s decision to focus exclusively on electric vehicles in Australia represents a significant shift from traditional performance models. Unlike the absence of conventional V-Series models such as the CT5-V and CT5-V Blackwing in the Australian market, the Lyriq-V will spearhead the brand’s electric vehicle transition.
Development Timeline
Production of the 2026 Lyriq-V will commence next year, with comprehensive technical specifications scheduled for release in January 2025. GM executive vice president for global markets, Rory Harvey, emphasized the significance of the V-Series designation, stating, “We don’t give the V-Series designation lightly.”
Market Impact and Industry Context
The Lyriq-V’s confirmation comes at a crucial time for Australia’s electric vehicle market. With standard Lyriq deliveries expected to begin in late 2024 or early 2025, starting from $117,000 before on-road costs, the performance variant will likely command a significant premium while offering enhanced luxury and performance credentials.
This announcement reinforces Cadillac’s commitment to electrification and positions the brand as a serious contender in the premium EV segment, directly challenging established European rivals in the Australian market.
Frequently Asked Questions
Q: When will the Cadillac Lyriq-V be available in Australia?
A: The Lyriq-V is confirmed for Australian release in 2026, with production beginning in 2025.
Q: What makes the Lyriq-V different from the standard Lyriq?
A: The Lyriq-V will feature enhanced performance capabilities with V-Series designation, though specific technical details will be revealed in January 2025.
Q: Will the Lyriq-V be available in right-hand drive?
A: Yes, Cadillac has confirmed it will be a factory right-hand-drive model specifically designed for Australian and New Zealand markets.
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