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View Full Version : General Motors Drops Price on Cadillac ELR and Spark EV



EV Fan
04-16-2015, 11:14 PM
http://www.electricvehiclechat.com/sites/default/files/2016-Cadillac-ELR-001-620.jpg 2016 Cadillac ELR (http://www.electricvehiclechat.com/cadillac-elr)

General Motors announced this week that it’s dropping the price of the Cadillac ELR (http://www.electricvehiclechat.com/cadillac-elr) plug-in hybrid by $9,000 and the Chevrolet Spark Electric (http://www.electricvehiclechat.com/chevrolet-spark-ev) by $1,500. This is a continuation of an industry-wide trend of lowering sticker prices for plug-in cars.
Cadillac said that the 2016 ELR will sell for $65,995—compared to the previous price of $75,000. These prices do not include a $995 destination fee. The ELR shares most of its technical elements with the current Chevy Volt (http://www.electricvehiclechat.com/chevrolet-volt). Whereas the Volt is a small hatchback, the ELR is a low and angular luxury coupe.
The drop in price coincides with enhancements to the ELR, such as a 25-percent increase in power and acceleration, as well as adjustments to suspension, steering and braking for better handling. The 2016 ELR has a modified Sport mode that uses a combination of power from the gas engine and electric motor to move the ELR from 0-60 in 6.4 seconds, a 1.5 second improvement from the current model.
read more (http://www.plugincars.com/general-motors-drops-price-cadillac-elr-and-spark-ev-130657.html)
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