Officially priced at a whopping $75,000, the all-new Cadillac CT6 Plug-In hybrid is now among the three plug-in vehicles offered by GM.
From China with love
The company has started US sales of the CT6 Plug-In – the first plug-in hybrid in the US since the discontinued ELR plug-in from last year – after taking its first domestic deliveries of the China-produced sedan last month.
If you recall, GM decided to manufacture this plug-in hybrid vehicle in China because of the infrastructural support and various incentives that the Chinese government provides for environmentally friendlier powertrains. This is a move that other automakers such as VW are considering, especially given the fact that China is now the largest market for electric vehicles.
It is also reported that GM opted to produce the CT6 Plug-In in China because its battery provider – LG Chem – is based in South Korea, hence closer to the manufacturing base.
The latest hybrid sedan from GM’s Cadillac division boasts 335 HP as well as 31 miles of pure electric range. It is said to accelerate from 0 to 60 in just over 5 seconds. The vehicle itself is officially priced at a whopping $75,095, not a surprising price tag for a Cadillac. But that’s still nearly $12,000 more expensive than its gas-powered sibling. However, it’s worth noting that the price is without federal and state tax credits.
With the all-new CT6 Plug-In hybrid, GM will now have three plug-in vehicles in the US, the same number of vehicles that its main competitor Ford offers in its home turf. With both companies shifting their focus to zero-emission vehicles, and with growing international pressure on auto-pollution, it’d be interesting to see how their portfolios grow over the next 5 years or so.