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Cadillac today showed off its new Escalade Hybrid and honestly it’s pretty pointless unless you care about just an extra 6mpg and hybrid badging all over your Caddy.

But every little bit helps right?

Powered by a 6.0 liter V8 Gen IV engine the Cadillac Escalade Hybrid will get an increase of 50 percent in its fuel-economy, making the combined fuel-economy go up from 12mpg to 18mpg. The two-mode-hybrid system consists of an advanced electrically variable transmission and a 300-volt nickel-metal hydride Energy Storage System.

The Cadillac Escalade Hybrid will be available in 2WD and 4WD configurations. The 2WD has a towing capacity of 6,000 pounds while the 4WD has a towing capacity of 5,700 pounds. The SUV goes on sale in summer of 2008. Pricing will be announced closer to launch.

Click through for the press release and live images from the 2007 LA Auto Show...

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LA Auto Show: Cadillac Escalade Hybrid will get 18mpg (live images)

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