Categories: Business

Celestiq EV is GM’s most audacious Cadillac since Nice Melancholy By Reuters

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© Reuters. FILE PHOTO: A badge of Cadillac, an car model owned by Normal Motors Firm, is seen on the grill of a automobile on the market at a automotive dealership in Queens, New York, U.S., November 16, 2021. REUTERS/Andrew Kelly

By Paul Lienert

(Reuters) – Normal Motors Co (NYSE:)’s Cadillac model on Monday pulled the wraps off the Celestiq, a $300,000-plus flagship electrical automobile that’s the model’s most audacious new mannequin because the 1930 Cadillac Sixteen.

Not like the 16-cylinder roadster that was launched simply months after the 1929 crash, the 2024 Celestiq has no monster gasoline engine beneath its lengthy hood. As a substitute, it boasts twin electrical motors producing 600 horsepower and a 111-kilowatt-hour battery pack shared with GM’s Hummer EV.

It is usually one of many strangest-looking autos ever created by GM. The corporate’s design boss Mike Simcoe refers back to the Celestiq — a protracted, four-door fastback that isn’t fairly a sedan — as a “spaceship,” including, “there can be nothing prefer it on the highway.”

The hand-built Celestiq, which matches into manufacturing late subsequent 12 months, has two issues in frequent with the Sixteen: Prospects can spec out the automotive in intricate element, and it will likely be assembled in extraordinarily low numbers.

GM constructed simply over 4,000 Sixteens in Detroit through the Nice Melancholy. The corporate says a brand new devoted facility at its Warren, Michigan technical heart can construct two Celestiqs a day — about 500-600 autos a 12 months.

The Sixteen could possibly be ordered in 1930 in a number of physique kinds, together with roadster, coupe, sedan and limousine. The most important of those measured 6.1 meters lengthy — about 20 toes. The Celestiq is a tad smaller, however not a lot: 5.5 meters, or 18 toes.

The late historian Beverly Kimes famous that the 1930 Cadillac Sixteen City Brougham was priced at simply over $9,000, or roughly $163,500 in at the moment’s cash.

That’s about half the worth of a fundamental Celestiq, which can begin “within the low 300s,” based on Cadillac vice chairman Rory Harvey, who declined to say how excessive that sticker would possibly go together with all of the bells and whistles added.

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