2014 Cadillac ELR Hybrid Coupe Priced at $75,995
- The 2014 Cadillac ELR goes on sale in January in "all major metropolitan areas."
- Its $75,995 starting price includes destination but does not take into account federal tax credits.
- The ELR is powered by a 16.5 kWh battery which can be recharged by the 1.4-liter range-extending gas engine.
DETROIT — General Motors announced today that its 2014 Cadillac ELR hybrid coupe will go on sale in January with a starting price of $75,995. That price includes destination fees but does not take into account federal tax credits for hybrid vehicles.
"The ELR is a unique blend of dramatic design with electric vehicle technology capable of total range in excess of 300 miles," said Bob Ferguson, senior vice president, Global Cadillac.
Like the Chevrolet Volt, the Cadillac ELR is a range-extended hybrid that uses a gasoline engine that acts as a generator to provide additional range once the batteries have exhausted their initial charge. Cadillac estimates that the ELR's batteries are good for about 35 miles of driving, while the range extending engine could boost that distance to over 300 miles on a tank of gas.
A new Regen On Demand feature allows drivers to unlock additional range by engaging the brake regeneration system when slowing down. Steering wheel mounted paddles are used to quickly engage the system, letting drivers keep their hands on the wheel.
Cadillac also announced that ELR buyers would get their own concierge to assist with everything from charging tips to service appointments and vehicle updates.
The 2014 Cadillac ELR will be sold in all major metropolitan areas of the U.S.
Edmunds says: Cadillac is making a huge bet that the ELR's styling and amenities are enough to attract eco-conscious buyers who can afford its luxury price tag.