Cadillac on Tuesday confirmed its first electric vehicle to earn the V-Series performance badge will be the 2026 Lyriq SUV.

Cadillac's first performance-focused EV will arrive next year with all-wheel drive and possibly 595-plus horsepower.

This new Lyriq will be a global market performance EV, according to Cadillac. Initial markets will include the U.S., Canada, Australia, and New Zealand; however, Cadillac says that additional markets will be announced at a later date. (Currently, Cadillac sells the Lyriq in China, too.)