First 2025 Cadillac Escalade IQ VIN 001 Sells For $550,000 At Auction, All Proceeds To Children’s Fund

First 2025 Cadillac Escalade IQ ‘VIN 001’ sells for $550,000 during this week’s Barrett-Jackson’s Scottsdale auction.

All proceeds from the charity auction will go to the Detroit Children’s Fund, a nonprofit organization.

First unveiled in August 2023, the Cadillac Escalade IQ is the brand’s first all-electric, full-size luxury SUV.

It boasts a 750-hp and 785 lb-ft of torque when using the Velocity Max driver mode, for a 0-to-60 mph time of under 5 secs.

The first retail production all-electric 2025 Cadillac Escalade IQ ‘VIN 001’ has been snapped up for an eye-popping price of $550,000 during this week’s Barrett-Jackson’s Scottsdale auction.

The all-electric 2025 Cadillac Escalade IQ was donated by General Motors’ luxury brand, Cadillac, and the sale is part of the 2024 Scottsdale Fall Auction held from October 10-13th 2024.

All proceeds from the charity auction will go to the Detroit Children’s Fund, a nonprofit organization dedicated to ensuring Detroit children receive a quality education.

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“We are proud that 100 percent of the proceeds from the sale of this vehicle will support children’s education throughout Detroit,” said Craig Jackson, CEO of Barrett-Jackson, which has raised more than $155 million for charitable causes over the past 53 years.

“The 2025 Cadillac ESCALADE IQ redefines what a luxury SUV can be,” GM President Mark Reuss said ahead of the charity auction, presented by Gila River Resorts & Casinos.

“It brings iconic design, the utmost craftsmanship and the latest technology. We’re excited to work with Barrett-Jackson on the auction of ESCALADE IQ VIN 001, with every dollar of the proceeds going to the Detroit Children’s Fund.”

First unveiled in August 2023, the Cadillac Escalade IQ is the brand’s first all-electric, full-size SUV. It boasts a 750 horsepower and 785 lb-ft of torque when using the Velocity Max driver mode, for a 0-to-60 mph time of under 5 seconds.

It uses a 24-module Ultium battery, which allows an impressive Cadillac-estimated 450 miles (724+ km) of range per full charge. A flexible, high-voltage architecture that enables 800-volt DC fast charging will provide up to 100 miles of range in 10 minutes of charge time.

Inside, the highlight of the cabin is a curved pillar-to-pillar 55-inch total diagonal LED display, and an Executive second-row seating package with two captain’s chairs, two 12.6-inch screens, a rear command center screen, retractable tray tables and wireless phone charging.

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