Awhile back we reported that the ELR was a limited-production vehicle and that it would be priced accordingly?
Accordingly here means that the 2014 ELR gets a base MSRP of $75,995 (before the $7,500 federal tax credit).
That’s quite the mark up for what amounts to a decked-out, performance-tuned, upgraded Chevrolet Volt, but with less electric range.
The ELR is rated at 207 horsepower (154 kW) and 295 lb-ft of torque, while weighing in at 4,070 lbs. The ELR makes use of the same 1.4-liter gasoline engine as the Volt as a range-extender, as well as the same 16.5 kWh lithium battery. Total electric-only range for the ELR is estimated at 35 miles.
Sales of the 2014 Cadillac ELR begin in January.
Per General Motors:
“Initial sales of the 2014 Cadillac ELR electrified luxury coupe will begin in January in all major U.S. metropolitan areas featuring provocative design and extended range electric vehicle technology.”“Designed for a new generation of technology-driven luxury buyers, the 2014 ELR has a starting price of $75,995, including a $995 destination charge but excluding tax, title, license and dealer fees. Upon IRS certification of an anticipated federal tax credit, purchasers may be eligible for a tax credit from $0 to $7,500 depending on individual tax liability. Net pricing after tax credits could be as low as $68,495, including $995 destination.”
Bob Ferguson, senior vice president global Cadillac, states:
“The ELR is a unique blend of dramatic design with electric vehicle technology capable of total range in excess of 300 miles. ELR is also unique in that it will be offered nationwide within a luxury customer experience, with proven benefits and care extending from the shopping process all the way through the ownership experience.”
GM’s Cadillac ELR pricing press release contains this additional info:
As with all Cadillac models, the ELR comes standard with Cadillac Shield, a comprehensive suite of owner benefits including Remote Vehicle Diagnostics, a Premium Care Maintenance program and 24/7 roadside assistance. For added peace of mind, the ELR also comes with an extended battery and propulsion warranty of eight years or100,000 miles, whichever comes first, and a four-year or 50,000-mile, whichever comes first, bumper-to-bumper limited warranty.The ELR comes equipped with standard advanced technology features such as Cadillac CUE with Navigation accessible through a large, eight-inch, full-color capacitive-touch screen, light-emitting diode, or LED, front and rear exterior lighting, Lane Departure Warning, Forward Collision Alert, the Safety Alert Seat and the exclusive Regen on Demand™ feature, allowing the driver to temporarily regenerate energy from the vehicle’s momentum via steering-wheel paddles.The ELR interior features handcrafted leather complemented by authentic wood grain and chrome trim.Powering the ELR is a combination of pure electric drive and an efficient, range-extending 1.4L gasoline-powered electric generator. A T-shaped, 16.5 kWh lithium-ion battery pack is located along the centerline of the vehicle, between the front and rear wheels to make the most of weight distribution. The pack supplies energy to an advanced electric drive unit to propel the vehicle.ELR is capable of a total driving range in excess of 300 miles. Using only the energy stored in the battery, ELR’s initial range is about 35 highway miles, or 82 MPGe, of electric driving, depending on terrain, driving techniques and ambient temperature. Official EPA estimates are not yet available.The ELR also offers unique driving features, including four driving modes – default Tour mode, the more-responsive Sport mode, a Mountain mode that maintains charge in hilly terrain and Hold mode, which allows drivers to select when to use battery power or the gas-powered generator.
Full ELR Specs Posted Below video of the Cadillac ELR at a preview event held last month (video by Jeff U’Ren):
Source: Inside EV's
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