With a target audience of technology-driven luxury buyers, the new ELR will have an MSRP of $75,995 including a $995 destination charge but excluding tax, title, license, and dealer fees. Buyers may be eligible for tax credits of up to $7,500, which would knock the price to well under $69,000.
A combination of pure electric drive and an efficient, range-extending 1.4-liter gasoline powered electric generator powers the new coupe.
A T-shaped, lithium-ion battery pack that supplies energy to the electric-drive unit extends along the center line to help equalize weight distribution.
The company says ELR is capable of a total driving range of over 300 miles, which is similar to the Chevy Volt. The initial range on electricity only is about 35 miles depending on terrain and driving techniques and conditions. EPA figures are not yet available.