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The Street
The Street
Colette Bennett

GM's Most Expensive EV Ever Costs Even More Than We Thought

GM Cadillac Sawyer Merritt

When General Motors in 2021 unveiled its Cadillac Celestiq with a price tag of $300,000, it aimed to catch the eye of the ultrarich. 

Available only by individual order and requiring what the company describes as a "significant deposit," the handmade vehicle is a significant step up from GM's other EV offering, the Lyriq.

But on Aug. 4 reports said that $300K wasn't quite enough for admittance to this exclusive club. According to a tweet from Twin Birch co-owner Sawyer Merritt, the starting price of the vehicle is $340,000.

DON'T MISS: GM Quietly Builds Shiny Tesla Killers

Naturally, the vehicle offers strong specs for the price. It will accelerate from 0 to 60 mph in 3.8 seconds and boasts 600 horsepower and 649 pound-feet of torque. Each vehicle will be built at the General Motors Artisan Center in Warren, Mich., and only six will be built at a time. There are tons of high-end customization options, too -- which, naturally, will drive up the price tag. 

Cadillac

While it's not the most expensive EV on the market -- that honor belongs to the Aspark Owl at $3.5 million -- the Celestiq certainly ranks as GM's most expensive car.

And pricewise it competes with Rolls Royce's Spectre, which was announced in October 2022 and is due out in late 2023.

GM has committed to going all-electric by 2030.

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