Cadillac Revealed Its Ultra-luxury Electric Car Celestiq, Price Starting From $300,000

Cadillac officials have previously announced the details of the Celestiq, mainly showing the fashion needs and streamlined design of the Cadillac Celestiq, such as the right front quarter panel, door hinges, taillights and body contours.

It is reported that this new car is positioned as a flagship pure electric sedan based on the Ultium platform. It will be officially released this summer and is expected to debut in 2023. It will be the first model to use GM's new Ultra Cruise advanced driver assistance system.

Officials say the system will cover 95% of driving scenarios. Additionally, the sedan will be a first for Cadillac and will be custom built at an engineering center near Detroit, which has yet to announce pricing.

GM also revealed that the new car will compete in the "ultra-luxury segment" and will even be "hand-built" -- which would also result in a very low-volume vehicle.

Of course, we haven't seen the details of the Cadillac Celestiq yet, but the Wall Street Journal says the flagship model will be more than just a show car, according to people familiar with GM's knowledge of the model that GM makes every year. By 500, prices start at around $300,000.

That said, while the car isn't as good as a top-tier McLaren or Aston Martin for the time being, it's enough to rival a Rolls-Royce, Ferrari, or Bentley.

AndroBliz has learned that, according to Realtor data, the median house price in the United States is $447,000, which means that this car is equivalent to most of the suite.

According to reports, the Celestiq will have a number of luxury features, including custom cabin wood trim and the latest version of the driver assistance system.

According to recent report, it is believed that even if the price is so high, it will be difficult for it to monopolize the luxury electric car market for a long time. After all, automakers such as Mercedes-Benz, Volvo and Rolls-Royce are also developing high-end electric vehicles and plan to sell only electric vehicles by 2030.