Cadillac Lyriq 2026 News

Cadillac dropped the pricing of its Lyriq mid-size electric SUV in Australia earlier this year as part of a retail offer, however this price has now been made permanent.The Cadillac Lyriq is now priced from $90,000 before on-road costs or $95,000 drive-away, regardless of whether you opt for the Luxury or Sport trim.This is a $32,000 price cut from the original launch price and now sees the price dip below the Luxury Car Tax (LCT) threshold for ‘fuel-efficient vehicles’. This means if you purchase a Lyriq with a novated lease it’s exempt from Fringe Benefits Tax (FBT).The Lyriq is now priced between the smaller Optiq ($80,000 before on-roads) and the larger Vistiq ($116,000 before on-roads).There have been no other changes to the Lyriq in terms of the powertrain or standard equipment.Power comes from a dual-electric motor set-up with a total system output of 388kW. They are fed by a 102kWh lithium-ion battery allowing for a claimed range of up to 530km, according to WLTP testing.Standard equipment highlights include 21-inch alloy wheels, LED lights, a panoramic glass sunroof, power tailgate, 33-inch digital screen set-up, 19-speaker AKG sound system, interior ambient lighting, as well as leather upholstery with heated and ventilated front seats with a massage function, plus heated and ventilated outboard rear seats.Cadillac has previously confirmed the high-performance Lyriq-V will be coming to Australia during 2026, however it’s unclear if this is still the case. We’ve reached out to Cadillac Australia and will update this story once we hear back.The iconic American carmaker that falls under the General Motors (GM) umbrella launched in Australia last year as an EV-only brand.The Lyriq was its first offering and is now being followed up by the larger Vistiq and smaller Optiq EVs.All the Cadillac cars offered in Australia are produced in right-hand drive at the factory unlike some other GM cars that are converted from left- to right-hand drive locally by Walkinshaw.Despite being in Australia now for over 12 months, Cadillac still doesn’t officially report its sales figures.As it currently stands the brand has an ‘Experience Centre’ in Sydney, as well as a test drive location in Melbourne. It’s planning to open a new dealer in Brisbane in the first half of 2026, as well as one in Melbourne.