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<p>GM said Wednesday, August 17, 2011, that it will go forward with plans to build a production model an electric Cadillac luxury coupe. The Converj Concept, which was first presented at the 2009 Detroit Auto Show will be called the Cadillac ELR.<br /></p>

GM said Wednesday, August 17, 2011, that it will go forward with plans to build a production model an electric Cadillac luxury coupe. The Converj Concept, which was first presented at the 2009 Detroit Auto Show will be called the Cadillac ELR.

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Cadillac's plug-in car to cost $76,000

When the Cadillac ELR goes on sale early next year, prices for the two-door plug-in car will start at $75,995. Factoring in a $7,500 federal tax credit for plug in vehicles, the ELR will effectively cost about $68,500.