Cadillac’s Electric Push Includes the Opulent Velocity Concept
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Cadillac’s Electric Push Includes the Opulent Velocity Concept

By Jim Motavalli
Mon, Apr 1, 2024 7:00amGrey Clock 3 min

Though General Motors overall has shown some ambivalence about the pace of electric vehicle introductions—first canceling the entry-level Bolt, then reinstating it last year (though for an undisclosed date)—Cadillac is all in.

To prove it, the company is introducing a full range of new plug-in models in top-to-bottom market segments. Luxury is definitely covered. GM sold just over 75,000 electric vehicles last year, up 93% from 2022. The Cadillac electric line currently includes the Lyriq (a luxury-minded SUV that starts at US$57,195); Escalade IQ (a very fancy three-row that, later this year, will start at US$130,000); Celestiq (an ultra-luxurious limited-edition sedan, starting at US$350,000); and Optiq (an entry-level electric SUV for 2025, slotted below the Lyriq), starting around US$45,000. And let’s not forget the forthcoming 2026 Vistiq, a three-row SUV to complement the iQ. No price yet. And did you notice they all end in “IQ”?

Cadillac sold approximately 9,000 Lyriqs in 2023, with 3,800 of them moving in the last quarter. That made the Lyriq the best seller among electric compact luxury SUVs. Admittedly, a few qualifiers there: The Lyriq is also offered in China, and sales there climbed 60% in 2023.

Departing from the IQ convention is a new show car, the Opulent Velocity, which Cadillac has only shown in a teaser photograph and video. In the latter, a blurred image of the car races past. Speculation is that it will be a luxurious sedan like the flamboyantly styled Celestiq, but possibly more conventionally designed and with an emphasis on performance.

The Opulent Velocity concept car is in part a celebration of Cadillac’s V-Series, which presents performance versions of popular models. Recent offerings include the 2025 CT5-V and CT5-V Blackwing. These are brute-force supercharged V8 sedans. The US$96,000 Blackwing version produces 668 horsepower and 659 pound-feet of torque, coupled to a (rare these days) six-speed manual or 10-speed automatic.

The 2025 Optiq will be the entry-level electric Cadillac SUV
Cadillac

Phil Dauchy, global head of brand strategy and international marketing at Cadillac, points out that the company’s performance series is now 20 years old.

“The V-Series cars perform at the top of their segments,” Dauchy says, adding that the V-Series nomenclature will remain as the brand goes electric. But the EVs with lots of power are already there. “If you buy a Lyriq Sport all-wheel drive right now you get a car with more than 500 horsepower,” he says.

The electric lineup now is heavy on SUVs, but Dauchy says that Cadillac’s current CT4 and CT5 sedan models are performing very well in the marketplace. “There is a significant piece of the luxury market that is sedans, including in China,” he says. “Cadillac remains dedicated to its sedan lineup.”

The 2026 Vistiq is slotted between the Lyriq and Escalade IQ.
Cadillac

Dauchy declined to say how many people have bought those pricey Celestiqs. “It’s not about the sales numbers, though we have an internal sales goal,” he says. “We intend to produce fewer than we can sell. We want a vehicle that is hard to get. We also want a unique buying experience, with prospective buyers coming out to the Cadillac House in Warren, Michigan and choosing colours and fabrics and working with a concierge.” This bespoke approach has worked well for other luxury brands, from Rolls-Royce to Maserati.

Spokeswoman Stephanie Obendorfer says the concept will not be featured at the New York International Auto Show , which runs through April 7. “We look forward to sharing more details on Opulent Velocity later this year,” Obendorfer says.

Specialised venues—such as the recent Amelia Island and Audrain concours events—are a better fit for showing exclusive cars like Opulent Velocity, Dauchy says.

All of Cadillac’s new models will be electric going forward. Internal-combustion cars will remain in the lineup until the end of the decade. But the pursuit of performance remains. EVs today are the world’s fastest cars off the line, even if they don’t always excel at top speeds. The Celestiq, though its emphasis is on luxury, reaches 60 mph in 3.8 seconds, and its two electric motors produce 600 horsepower and 640 pound-feet of torque.



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Greenland Is Gorgeous and Uncrowded. Now Here Come the Americans.

The remote northern island wants more visitors: ‘It’s the rumbling before the herd is coming,’ one hotel manager says

By ALLISON POHLE
Wed, Oct 23, 2024 4 min

As European hot spots become overcrowded , travellers are digging deeper to find those less-populated but still brag-worthy locations. Greenland, moving up the list, is bracing for its new popularity.

Aria Varasteh has been to 69 countries, including almost all of Europe. He now wants to visit more remote places and avoid spots swarmed by tourists—starting with Greenland.

“I want a taste of something different,” said the 34-year-old founder of a consulting firm serving clients in the Washington, D.C., area.

He originally planned to go to Nuuk, the island’s capital, this fall via out-of-the-way connections, given there wasn’t a nonstop flight from the U.S. But this month United Airlines announced a nonstop, four-hour flight from Newark Liberty International Airport in New Jersey to Nuuk. The route, beginning next summer, is a first for a U.S. airline, according to Greenland tourism officials.

It marks a significant milestone in the territory’s push for more international visitors. Airlines ran flights with a combined 55,000 seats to Greenland from April to August of this year, says Jens Lauridsen, chief executive officer of Greenland Airports. That figure will nearly double next year in the same period, he says, to about 105,000 seats.

The possible coming surge of travellers also presents a challenge for a vast island of 56,000 people as nearby destinations from Iceland to Spain grapple with the consequences of over tourism.

Greenlandic officials say they have watched closely and made deliberate efforts to slowly scale up their plans for visitors. An investment north of $700 million will yield three new airports, the first of which will open next month in Nuuk.

“It’s the rumbling before the herd is coming,” says Mads Mitchell, general manager of Hotel Nordbo, a 67-room property in Nuuk. The owner of his property is considering adding 50 more rooms to meet demand in the coming years.

Mitchell has recently met with travel agents from Brooklyn, N.Y., South Korea and China. He says he welcomes new tourists, but fears tourism will grow too quickly.

“Like in Barcelona, you get tired of tourists, because it’s too much and it pushes out the locals, that is my concern,” he says. “So it’s finding this balance of like showing the love for Greenland and showing the amazing possibilities, but not getting too much too fast.”

Greenland’s buildup

Greenland is an autonomous territory of Denmark more than three times the size of Texas. Tourists travel by boat or small aircraft when venturing to different regions—virtually no roads connect towns or settlements.

Greenland decided to invest in airport infrastructure in 2018 as part of an effort to expand tourism and its role in the economy, which is largely dependent on fishing and subsidies from Denmark. In the coming years, airports in Ilulissat and Qaqortoq, areas known for their scenic fjords, will open.

One narrow-body flight, like what United plans, will generate $200,000 in spending, including hotels, tours and other purchases, Lauridsen says. He calls it a “very significant economic impact.”

In 2023, foreign tourism brought a total of over $270 million to Greenland’s economy, according to Visit Greenland, the tourism and marketing arm owned by the government. Expedition cruises visit the territory, as well as adventure tours.

United will fly twice weekly to Nuuk on its 737 MAX 8, which will seat 166 passengers, starting in June .

“We look for new destinations, we look for hot destinations and destinations, most importantly, we can make money in,” Andrew Nocella , United’s chief commercial officer, said in the company’s earnings call earlier in October.

On the runway

Greenland has looked to nearby Iceland to learn from its experiences with tourism, says Air Greenland Group CEO Jacob Nitter Sørensen. Tiny Iceland still has about seven times the population of its western neighbour.

Nuuk’s new airport will become the new trans-Atlantic hub for Air Greenland, the national carrier. It flies to 14 airports and 46 heliports across the territory.

“Of course, there are discussions about avoiding mass tourism. But right now, I think there is a natural limit in terms of the receiving capacity,” Nitter says.

Air Greenland doesn’t fly nonstop from the U.S. because there isn’t currently enough space to accommodate all travellers in hotels, Nitter says. Air Greenland is building a new hotel in Ilulissat to increase capacity when the airport opens.

Nuuk has just over 550 hotel rooms, according to government documents. A tourism analysis published by Visit Greenland predicts there could be a shortage in rooms beginning in 2027. Most U.S. visitors will stay four to 10 nights, according to traveler sentiment data from Visit Greenland.

As travel picks up, visitors should expect more changes. Officials expect to pass new legislation that would further regulate tourism in time for the 2025 season. Rules on zoning would give local communities the power to limit tourism when needed, says Naaja H. Nathanielsen, minister for business, trade, raw materials, justice and gender equality.

Areas in a so-called red zone would ban tour operators. In northern Greenland, traditional hunting takes place at certain times of year and requires silence, which doesn’t work with cruise ships coming in, Nathanielsen says.

Part of the proposal would require tour operators to be locally based to ensure they pay taxes in Greenland and so that tourists receive local knowledge of the culture. Nathanielsen also plans to introduce a proposal to govern cruise tourism to ensure more travelers stay and eat locally, rather than just walk around for a few hours and grab a cup of coffee, she says.

Public sentiment has remained in favour of tourism as visitor arrivals have increased, Nathanielsen says.

—Roshan Fernandez contributed to this article.

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11 ACRES ROAD, KELLYVILLE, NSW

This stylish family home combines a classic palette and finishes with a flexible floorplan

35 North Street Windsor

Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.

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