DETROIT – Cadillac’s new entry-level electrical automobile will likely be a compact-sized crossover known as Optiq, the corporate mentioned Friday.

The Normal Motors model mentioned the automobile, which will likely be its fourth EV, will slot beneath 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 automobile 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 completely supply 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 completely supply 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 means of provide chain issues and points ramping up home battery cell manufacturing.

Cadillac bought fewer than 5,400 Lyriq EVs by means of September. The corporate introduced earlier this week it’ll 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 due to our sturdy product portfolio — and we are actually increasing our enterprise globally,” mentioned John Roth, vice chairman of Cadillac, in a press release. “The introduction of a right-hand-drive Lyriq will allow new alternatives in necessary markets the place EV adoption is powerful.”