Cadillac has announced that it will reveal a fully electric version of the Cadillac Escalade later this year. Cadillac has released a teaser of the electric SUV’s badge, but no other info.

For now we can only speculate that the Escalade IQ will be based on GM’s Ultium EV platform, which would mean that it would not be based on the same platform as the current Escalade. But we’ll have to wait and see.

There’s a good chance that the Escalade IQ will be closely related to the Chevy Silverado EV and GMC Hummer EV.

“The Cadillac Escalade IQ will be revealed later this year and promises the same commitment to craftsmanship, technology and performance that has helped the Escalade nameplate dominate the large luxury SUV segment for the last 20 years. The ESCALADE IQ will join the LYRIQ and the upcoming Celestiq as Cadillac continues to build an all-electric portfolio,” Cadillac said in a statement about the new EV.

If you’re wondering where the “IQ” name came from, it’s the brand’s designation for its EVs, which started with the Lyriq electric SUV.