Cadillac has announced specifications and manufacturer’s suggested retail pricing for the 2016 ELR plug-in hybrid. Often called a two-door, upscale Volt, the Cadillac ELR is a beautiful car with a uniquely Caddy look inside and out. It also posts some impressive numbers. For 2016, changes include a huge price drop and an equivalent performance boost to go with that.
The 2016 Cadillac ELR sheds $9,0005 off its base price, now entering at $65,995 before incentives. This puts the 2016 ELR at about $58,495 after the federal tax credit is applied. GM seems to hope that this price cutting will result in more sales, since the car’s take rate has been marginal, to say the least, at 1,310 units in 2014 and about 300 or so thus far this year.
The 2016 Cadillac ELR will enter showrooms shortly and we’ll soon see if the price chop means more sales. If not, the performance boosts of about 25 percent should do the trick instead. Acceleration has improved by 1.5 seconds and includes a higher top speed as well.
The 17.1 kWh battery system sees some software upgrades which were all it took to get more than 25 percent better performance from the ELR. EV range has grown to 39 miles all-electric, about two miles more than it had before. In Sport mode, the car loses some range, but gains a lot of performance numbers, putting its new 0-60 mph time at 6.4 seconds. Also added is a new Regen on Demand feature to boost brake regeneration on deceleration, making it more aggressive. All of this performance is matched with steering and suspension upgrades as well.