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Cadillac unveils 'Elevated Velocity' electric crossover concept car
CNBCยท 2025-08-14 13:00
Core Insights - General Motors has introduced the Cadillac Elevated Velocity, a new concept car aimed at enhancing the brand's all-electric luxury crossover segment [1] - The vehicle features a "lifted yet elegant design" with 24-inch wheels and multiple driving modes to improve performance [1][2] - The term "elevate" signifies both the lifted chassis for off-road capabilities and an elevated luxury experience [2] Company Strategy - The Elevated Velocity builds on Cadillac's existing luxury EV portfolio, which includes the Lyriq and the Optiq [2] - The design continues the principles of Cadillac's previous "Opulent Velocity" concept car revealed in 2024 [3] - Concept vehicles like the Elevated Velocity are used by automakers to assess customer interest and showcase future brand directions, rather than being intended for consumer sale [3]