Around 90 competitors are expected in West Park in the city on August 4, 2022, for the competition across the men's and women's events.
Now organisers behind the Birmingham 2022 event are closely working with others to find a suitable route to best showcase key landmarks.
Councillor Ian Brookfield, leader of Wolverhampton Council, said: "We were thrilled that Wolverhampton was chosen to host the start and finish of the cycling time trial for the Birmingham 2022 Commonwealth Games – and now we can put the date of the race in our diaries.
"What a great event this promises to be and what a beautiful location to host it in. People from across the world will be watching us and this is a wonderful opportunity to show them what our city has to offer.
"It’s been quite the day for exciting announcements, with the news of our fantastic new music festival, Creation Day, which is also set to take place in West Park.
"These are just two examples of our commitment to relighting our city. By hosting world-class events, we are aiming to attract thousands of visitors to Wolverhampton as a destination."
The Commonwealth Games will run from July 28 to August 8, 2022, and will see a wide range of sport including swimming, diving, boxing, judo, gymnastics and others.
Birmingham 2022's chief executive officer Ian Reid, said: "We’re extremely excited to be unveiling the daily schedule as we know that this will make the Games much more real for everyone, now that they can see exactly which sports will be taking place on each day.
"I’d like to thank all of the international and national governing bodies who have been working closely with us to ensure that we created an exciting schedule which also provides all competitors with the maximum period of recovery possible during what will be an action-packed summer of sport in 2022."
The Commonwealth Games, the largest sports event to be held in UK since the 2012 Olympic and Paralympic Games – and will feature 19 sports, with eight para sports integrated into the programme, creating the biggest para sports offering in Commonwealth Games history/