The Cadillac Lyriq will spearhead the brand’s electric vehicle push and GM’s North American President, Steve Carlisle, has revealed the production model will cost less than $60,000.

That undercuts a number of other electric crossovers including the Audi E-Tron, Jaguar I-Pace and Tesla Model X.

Carlisle made the announcement during the J.P. Morgan Auto Conference and Autonews reports he said “This car will need to be priced similar to how the industry prices midsize lux SUVs today, maybe a slight premium at the outset.” While he wouldn’t give a specific starting price, Carlisle hinted the Lyriq “won’t be high five digits” and “won’t start with a seven” or a six.

Also Read: The Cadillac Lyriq Concept Is A Sexy Preview Of Brand’s First Electric Crossover

The Lyriq will ride on GM’s new electric vehicle platform and go into production in late 2022. The model will be offered with rear- and all-wheel drive, and the latter versions will feature two electric motors.

Power will be provided by an Ultium battery pack which has a capacity of approximately 100 kWh. It will enable the Lyriq to have a range in excess of 300 miles (483 km) on a single charge. Owners can also expect fast recharging times as the crossover will support Level 2 charging rates up to 19 kW and DC fast charging rates in excess of 150 kW.

The Lyriq promises to be high-tech as well as it will feature Super Cruise as well as a 33-inch LED display. Other highlights will include an advanced noise cancellation system and a 19-speaker AKG Studio audio system that promises to deliver “exceptionally crisp and precise sound reproduction.”

Cadillac Lyriq To Undercut The Tesla Model X, Start At Less Than $60,000
Cadillac Lyriq To Undercut The Tesla Model X, Start At Less Than $60,000
Cadillac Lyriq To Undercut The Tesla Model X, Start At Less Than $60,000
Cadillac Lyriq To Undercut The Tesla Model X, Start At Less Than $60,000
Cadillac Lyriq To Undercut The Tesla Model X, Start At Less Than $60,000
Cadillac Lyriq To Undercut The Tesla Model X, Start At Less Than $60,000
Cadillac Lyriq To Undercut The Tesla Model X, Start At Less Than $60,000
Cadillac Lyriq To Undercut The Tesla Model X, Start At Less Than $60,000
Cadillac Lyriq To Undercut The Tesla Model X, Start At Less Than $60,000
Cadillac Lyriq To Undercut The Tesla Model X, Start At Less Than $60,000
Cadillac Lyriq To Undercut The Tesla Model X, Start At Less Than $60,000
Cadillac Lyriq To Undercut The Tesla Model X, Start At Less Than $60,000
Cadillac Lyriq To Undercut The Tesla Model X, Start At Less Than $60,000
Cadillac Lyriq To Undercut The Tesla Model X, Start At Less Than $60,000
Cadillac Lyriq To Undercut The Tesla Model X, Start At Less Than $60,000
Cadillac Lyriq To Undercut The Tesla Model X, Start At Less Than $60,000
Cadillac Lyriq To Undercut The Tesla Model X, Start At Less Than $60,000
Cadillac Lyriq To Undercut The Tesla Model X, Start At Less Than $60,000
Cadillac Lyriq To Undercut The Tesla Model X, Start At Less Than $60,000
Cadillac Lyriq To Undercut The Tesla Model X, Start At Less Than $60,000
Cadillac Lyriq To Undercut The Tesla Model X, Start At Less Than $60,000
Cadillac Lyriq To Undercut The Tesla Model X, Start At Less Than $60,000
Cadillac Lyriq To Undercut The Tesla Model X, Start At Less Than $60,000
Cadillac Lyriq To Undercut The Tesla Model X, Start At Less Than $60,000
Cadillac Lyriq To Undercut The Tesla Model X, Start At Less Than $60,000
Cadillac Lyriq To Undercut The Tesla Model X, Start At Less Than $60,000
Cadillac Lyriq To Undercut The Tesla Model X, Start At Less Than $60,000
Cadillac Lyriq To Undercut The Tesla Model X, Start At Less Than $60,000
Cadillac Lyriq To Undercut The Tesla Model X, Start At Less Than $60,000
Cadillac Lyriq To Undercut The Tesla Model X, Start At Less Than $60,000