REPORT: GM To Build Cadillac Converj Electric Car

The Detroit News has learned the Cadillac Converj will be going into production right next to its extended-range electric platform mate the Chevy Volt.

While a production date has not been set, the Converj will join the Caddy lineup as its second hybrid following the Escalade, though it'll be considerably more serious about fuel mileage than that behemoth. With a 40-mile all-electric range just like the Volt, the Converj will be able to command a higher premium at the dealer, or at least not induce the sticker shock everyone has over the Volt. The entire Volt program now makes a lot more sense to us financially. [Detroit News]