While no production date has been set, the model is likely at least 2-3 years away from reaching dealer showrooms.

The Detroit News is reporting several sources have confirmed GM will build a production version of the Cadillac Converj Concept.

According to the report, the Converj was green-lighted by GM's board of directors last week. While no production date has been set, the model is likely at least 2-3 years away from reaching dealer showrooms.

As you may recall, when the Converj was unveiled at the North American International Auto Show, Bob Lutz hinted that a production version would remain faithful to the concept. This is good news, considering the Converj won praise for its sleek styling and advanced powertrain.

Expected to be based on the Chevrolet Volt, the Converj will likely feature a 16-kWh lithium-ion battery which powers an electric motor that produces 120 kW (161 hp) and 273 lb-ft (370 Nm) of torque. Like the Volt, the Converj would be recharged by a 1.4-liter four-cylinder engine after the car travels past its 40 mile electric-only range (it can also be recharged via a 240V or 120V outlet). While nothing is official, there has been speculation that Cadillac will make some minor modifications to give the Converj a more performance-oriented setup than the Volt.

Besides spreading eco-friendly vibes to Cadillac lineup, the Converj will help GM to recoup the nearly $1 billion dollars they have spent developing the Volt architecture. The model will fetch a far higher premium than the $40,000 (roughly) Chevrolet Volt and its Opel, Vauxhall, and Holden quadruplets.

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