Cadillac today announced pricing for the 2009 Escalade Hybrid which will go on sale this month. Pricing begin at $71,685 - $3,600 over a comparably equipped Escalade.

Powered by GM's 2-Mode Hybrid system, which can run in an electric-only mode a low speeds. The Escalade Hybrid will deliver more than a reported 50 percent improvement in fuel economy in city driving. The Escalade Hybrid is available in 2WD and 4WD configurations. It delivers up to 6,000 pounds (2,721 kg) of usable towing capacity on 2WD models and 5,700 pounds (2,585 kg) on 4WD models. All of Escalade’s standard comfort and convenience features are included. This includes an eight-inch, touch-screen navigation system that displays performance readouts of the 2-Mode Hybrid system on the screen.

Press release after the jump.

Press release

The launch of the world’s first hybrid applied to a large luxury SUV, the 2009 Cadillac Escalade Hybrid, begins this month. Achieving a 50-percent improvement in fuel economy in city driving, Escalade Hybrid arrives at Cadillac dealerships in the United States with an MSRP of $71,685. That represents a premium of only $3,600 over a comparably-equipped Escalade.

“In a changing marketplace emphasizing fuel economy technology, Cadillac is proud to be the only luxury brand offering a hybrid in this segment,” said Jim Taylor, Cadillac general manager.

Escalade Hybrid features GM’s advanced Two-Mode Hybrid technology, enabling EPA fuel economy ratings of 20/21 miles per gallon (city/highway). The hybrid system can operate the vehicle entirely on battery-electric power during idling or low-speed driving situations. Escalade Hybrid also incorporates Active Fuel Management technology that enables the Vortec V-8 engine to operate on only four cylinders in certain driving conditions to save fuel. Escalade Hybrid is offered as a total package, including nearly all available luxury and technical features as standard. The two extra-cost options are four-wheel drive and power running boards.