Cadillac Estimates Electric Vehicles May Comprise Up to 35% of 2025 Sales

Cadillac's electric vehicle (EV) sales are on a sharp rise, climbing from roughly 6% in 2023 to over 18% in 2024, driven by strong sales of the Lyriq crossover, which sold 28,402 units. The brand anticipates an even more significant increase by 2025, with projections shared with CNBC indicating that EVs could represent 30 to 35% of its U.S. sales.

This growth will be supported by a growing range of electric models. While the 2024 lineup consisted primarily of the Lyriq, Cadillac plans to expand with the introduction of the high-end Escalade IQ and the longer Escalade IQL SUVs. Additionally, the lineup will include the more accessible Optiq and the three-row Vistiq crossovers.

Though Cadillac Has Backed Off Plans To Go All-Electric

Cadillac initially planned to switch to all-electric cars by 2030, except for the Escalade, which would stop having gas engines even earlier. However, the brand has now changed this strict plan to a more flexible approach. They promise to keep offering different types of cars, including gas engines, as long as people want them.

A combustion engine version of the full-size luxury SUV is likely to be offered, nonetheless, as it has a significant profit margin and drove more than a quarter of Cadillac's sales in 2025. In the meantime, Cadillac will likely continue to churn out high-performance combustion cars as it gears up for its Formula 1 debut in 2026. However, as part of a larger move towards electric vehicles, the automaker could reduce or possibly eliminate its lineup of combustion engine crossovers and sedans.