2014 Cadillac ELR plug-in hybrid to go on sale in January for $75,995
A new member for the Volt familyWe already knew a fair amount about the offspring of the Chevrolet Volt, the 2014 Cadillac ELR (more on that below). But what we didn't know was the price tag and how exactly it would roll out. Well, now we know, and unfortunately those who don't have deep pockets probably won't be able to do anything other than daydream about the ELR. Pricing begins at $75,995, which drops to $68,495 if you can get the maximum federal tax credit in the US.
GM says that the 2014 Cadillac ELR will be available in January in "all major U.S. metropolitan areas".
As I previously wrote: The centerpiece of the ELR is the T-shaped lithium-ion battery, like in the Volt. It can store 16.5 kWh of power, giving the plug-in Cadillac 35 miles (56 km) of 100%-electric driving range. After that, the 1.4-liter gasoline engine kicks in and powers the car. It will take about 4.5 hours to fully recharge the battery using a 240V outlet.
Total output for the drivetrain is 207 hp (154 kW) with an impressive 295 lb.-ft (400 Nm) of instantly-available torque. It's this torque that makes electric vehicles so much fun!
The Cadillac ELR will meet California's Enhanced AT-PZEV emission standard, giving it access to high occupancy vehicle lanes. Always a nice perk.
The battery, which you can see in blue above, will be covered by an eight-year/100,000-mile warranty.
GM has promised that they would go after Tesla, and this is their first big move in that direction. We'll see how effective it is.