Cadillac ELR will be cheaper than the $57,400 Tesla Model S electric sedan
General Motors yesterday confirmed that it will be putting the Cadillac Converj Concept as the new Cadillac ELR. At the time of the announcement, GM said details on the production car’s performance, pricing and timing will be announced at a later date.
However, some people familiar with the Cadillac ELR project say that the plug-in hybrid Caddy will cost less than the $57,400 Tesla Model S. In terms of performance, the Cadillac ELR is expected to be at least as fast as the Volt and will probably drive farther on battery power alone, said the person.
That’s all we have for now but we are bugging GM to release more details.
Click here for our original post on the Cadillac ELR.
– By: Omar Rana