Cadillac has announced that it will reveal an all-electric version of its Escalade SUV later this year, and it will be called the Escalade IQ. Regular CarBuzz readers knew this was coming since late in 2021, when we discovered trademarks for a slew of new electric Cadillac model names, including Vistiq and Lumistiq, but it's now official.

The short announcement reads that the Cadillac Escalade IQ "will be revealed later this year and promises the same commitment to craftsmanship, technology, and performance that has helped the Escalade nameplate dominate the large SUV segment for the last 20 years."

That's all we know for now, but we have a reasonable idea of what to expect.

We expect that the electric Escalade will run on the same Ultium architecture that underpins the GMC Hummer EV, which could mean three motors and up to 1,000 horsepower. However, such figures would step on the toes of the Escalade-V, which was only revealed a year ago. That being said, you don't usually buy an Escalade to go fast; you buy it to be comfortably ensconced in luxury and tech. The Lyriq fulfills that role somewhat, but it's too small for those accustomed to Escalade levels of real estate.

As for styling, we're not expecting many surprises. Since the nameplate has been a staple of the lineup for years and an electric variant is meant to appeal to existing customers, it's quite possible that the Escalade EV will look a lot like the gas-powered one.

The Escalade IQ will be Cadillac's third electric model, joining the Celestiq sedan and Lyriq SUV, and as our discovery of trademarks in 2021 revealed, the electric Escalade will also be offered in long-wheelbase form with the name Escalade IQL.

Cadillac has already confirmed that three new EVs are coming this year, so we have at least two more new arrivals to look forward to. What shape these will take remains to be seen, but we hope to see a continuation of the expressive design language that has characterized each of the brand's electric offerings to date. We'll bring you more on the electric Escalade as we get it.