Some would say that was already too much at that price.Eager to try to shake the “it’s a $75,000 Chevrolet Volt” perception (the ELR shares its basic powertrain and portions of its platform, but little else
Ah, very nice.Surprisingly, Cadillac has unearthed a magical software update that’s inflated the ELR’s output substantially. Total system horsepower from the ELR’s pair of electric motors and gasoline four-cylinder engine rises from 217 to 233, while peak torque swells from 295 lb-ft to 373. Cadillac claims this—in conjunction with a reprogrammed sport mode—drops the ELR’s zero-to-60 time a full 1.5 seconds, to just 6.4 ticks. In our testing, the quickest run to 60 mph took 8.1 seconds (when using the gas engine in the Extended Range driving mode) in a 2014 model, so Cadillac’s estimates could be right on the money.
It is interesting they are responding this way. Perhaps a reaction to the overall "OMG, Telsa's are sooo fast" reputation they've built over the past years.
Also, a price drop to $65k before any tax credits.
So, better product, cheaper price. That theoretically will help sales, right?
Overall, I'm still not really understanding who the market is for this car, a 2-door short range EV with range extender, and admittedly pretty unique styling - for $65k.