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Cadillac's plug-in EV comes with a hefty price tag

In recent months, General Motors has made it known that it has Tesla Motors in its sights and plans to take on the EV manufacturers with fresh electric vehicles from Cadillac. “If you want to compete head-to-head with Tesla, and we ultimately will, you want to do it with a Cadillac,” said GM CEO Dan Akerson last month in Washington, D.C. 
 
“But I do think when the (Cadillac) ELR comes out late this year, early next — it’s certainly in the same postal code as Tesla, but now we’re going to move up. It’s not going to be a mass-produced car.”
 
When it comes being "in the same postal code", Akerson definitely wasn’t joking — at least when it comes to pricing for the Cadillac ELR. The base Model S with a 60 kWh battery (230-mile range) stats at $69,900 before a $7,500 federal tax credit is applied. GM just revealed today via Cadillac’s website that the ELR plug-in luxury coupe will start at a lofty $75,000 before the tax credit is applied.

 
GM is currently accepting reservations for the vehicle and it will officially launch early next year.
 
Official specs for the vehicle are hard to come by, but GM’s preliminary figures suggest that the vehicle will travel 35 miles on battery power alone and will have an overall driving range of 300+ miles. When it’s all-electric range is exhausted and the 1.4L gasoline engine/generator is operational, GM says that the vehicle will return the equivalent of 30 to 35 mpg (premium unleaded gasoline is required).

 
 
In addition, the ELR will have a top speed of 100 mph and the 16.5 kWh lithium-ion battery pack can be recharged in 5 hours with a 240V connection.

Sources: Cadillac, GM



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RE: Avoid the cataract
By StormyKnight on 10/12/2013 12:11:00 AM , Rating: 3
But it doesn't make it BETTER. While I'm not a fan of hybrid vehicles, pure electric should be the way to go but not at the prices that Tesla or GM are listing. These are not 'everyman' cars. When the electric car can fully charge in 5 minutes or less, get comparable mileage and pricing of an ICE vehicle, I'll consider one. Until then they are niche cars for the guilt-ridden, greenie rich.


RE: Avoid the cataract
By Mint on 10/13/2013 12:28:07 AM , Rating: 2
Why should pure electric be the way to go? If a Volt can electrify 10k+ miles with only a 16 kWh battery, does it make sense to use 70 kWh additional battery to electrify the last 3-4k miles?

The ELR is priced high because it's the only luxury plugin that can refuel in a few minutes at a gas station. GM is milking that market while it can.

But the Volt is hardly a toy for the rich at $27.5k after credit. Equally equipped cars are only maybe $3-5k less.


RE: Avoid the cataract
By StormyKnight on 10/14/2013 10:47:58 PM , Rating: 3
The Volt is a puny puny car for the price. What do you pay at the dealer? Oh, full price? You only get a $7500 tax credit at the end of the year? No thanks. The $25K I paid for my Malibu was too much and it is a far more comfortable car for my family of 5 than that eco-tincan. I can count on one hand how many Volts I've seen on the road in the last two years. They're too expen$ive.


RE: Avoid the cataract
By Argon18 on 10/13/2013 1:27:56 PM , Rating: 1
Pure electric is NOT the way to go. Internal combustion is far superior in every metric. IC is a durable, reliable, proven technology. Electric is a possibly maybe tech that just isn't there yet.

IC beats electric for ease of refueling
IC beats electric for range, distance
IC beats electric for speed and performance
IC beats electric for durability & longevity
IC beats electric for maturity of the tech
IC beats electric for initial cost and maintenance cost

Sorry, but pure electric is a joke today. Only granola heads and nuts in California are buying into it, because, well, they typically don't have much in their craniums and are quick to jump on anything labelled "green", whether or not it meshes with reality.


RE: Avoid the cataract
By Mint on 10/13/2013 9:42:12 PM , Rating: 1
Pure electric won't work for everyone, or even most people, but a substantial minority of people can use it. There's no need to tell blatant lies:

"IC beats electric for durability & longevity"

Industry says the opposite. EVs will prove the same once they get enough years on them. Electric motors have no chemicals flowing through them, are 90% efficient vs. 20-40% efficient resulting in less than 1/5th the heat for equal power output, don't need a transmission, have far fewer moving parts, etc. It's not a fair fight.

"IC beats electric for initial cost and maintenance cost"

Maintenance cost? Please. EVs beat ICEs by a mile.

Current EVs have one single problem: Range (and perceived need of more). Lifetime cost is lower than ICE already, so cost is already in EV's favor for those who lease, and can be a non-issue for others by adopting a cellphone sales model.


RE: Avoid the cataract
By synapse46 on 10/14/2013 11:24:51 AM , Rating: 2
Replacing the 800-1200lbs li-ion battery costs less than oil and spark plugs?


RE: Avoid the cataract
By piroroadkill on 10/14/2013 8:54:29 AM , Rating: 3
Nah, electric motors are always going to be more powerful than internal combustion engines of the same size.

There's a reason why locomotives are electric to the wheels, and the diesel is there to generate for them.


RE: Avoid the cataract
By StormyKnight on 10/14/2013 10:49:53 PM , Rating: 2
Hence my:
quote:
When the electric car can fully charge in 5 minutes or less, get comparable mileage and pricing of an ICE vehicle, I'll consider one.


"If you can find a PS3 anywhere in North America that's been on shelves for more than five minutes, I'll give you 1,200 bucks for it." -- SCEA President Jack Tretton














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