GM has announced it’s working on an all-electric version of the luxury full-size Cadillac Escalade SUV, called the Escalade IQ. GM’s Ultium platform is the basis for its current and upcoming electric vehicles, including the Chevy Equinox EV, Silverado, and even the GMC Hummer EV — and presumably this one as well. Many of the electric vehicles from multiple automakers are leaning into larger SUVs in the US market as demand for them increases