The brand isn't wasting anytime.
As expected, Chevrolet has confirmed it will launch a fully electrified Silverado pickup truck designed as an EV from the ground-up. Like the GMC Hummer EV truck and SUV, the Silverado EV will ride on General Motor's Ultium platform and will travel up to 400 miles on a single charge. Next year, the all-electric Ford F-150 will arrive and we expect the Silverado EV to debut not long after, hopefully by early 2023. But there is another pure battery-electric GM still isn't talking much about but we all know is coming: the Cadillac Escalade EV.
The Detroit News cites an AutoForecast Solutions report claiming the Escalade EV will begin production at the same Factory Zero site near Detroit that will build the Hummer and Silverado EVs in January 2024.
It should be noted that like the Silverado EV, the electrified Caddie won't replace the ICE model currently on sale. Cadillac intends to sell both at the same time. This is probably the right strategy because not all Escalade buyers are willing to abandon the V8 just yet. Alienating a longtime customer base is the last thing Cadillac wants to do, especially since they're spending upwards of $100,000 on a luxury vehicle.
Assuming the source's prediction is accurate, we could see, at the very least, an Escalade EV concept by this time next year. For reference, the Cadillac Lyriq concept debuted last August, over two years before it goes on sale.
Cadillac continues to keep Escalade EV details under lock and key, and for good reason: competitors are watching closely. The existing Escalade has long been the brand's defining model. It's big, has lots of character, and its German rivals have never come even close to replicating the bling factor. Put it this way: a BMW iX customer is highly unlikely to cross-shop the Escalade EV.
But, there's an excellent chance Escalade ICE customers will take a serious look at the electrified variant because it could potentially have upwards of 1,000 horsepower. Bling and lots of horsepower have always gone well together.