Today Chevrolet made official what its marketers had let slip in January by disclosing the 2017 Bolt EV in LT trim will start at $37,495 including destination charge. The automaker additionally said a Premier trim will also be offered for $$41,780 including destination.
The first all-electric car at this price to offer over 200-miles range – in fact, the next-nearest competitors are in the low 100-miles – the 238 EPA-rated miles range Bolt is due by later this year.
“Value is a hallmark for Chevrolet and the pricing of the Bolt EV proves we’re serious about delivering the first affordable EV with plenty of range for our customers,” said Alan Batey, president of GM North America and leader of Global Chevrolet. “We have kept our promise yet again, first on range and now on price.”
As expected, the aim was to hit the sub $30,000 price after a $7,500 federal tax credit. General Motors as a company has sold more than half the 200,000 credit-eligible plug-in cars allotted for it, and consumers may have less than a year or two to get theirs.
Unknown is whether the federal government might extend the credit, here in this election year, when even much is up in the air.
While armchair pundits have offered that the company should price it closer or even less than what Tesla promises the Model 3 for – $35,000, or maybe $36,200 if a $1,200 destination fee is tacked on as some speculate – Chevrolet does have a market to itself for now.
Tesla has said it has “pencils down” on the design of the Model 3, estimated by Tesla to give at least 215 miles range in a sleek style with lots of carryover elements from the Model S, albeit with price chopped from its $67,200 entry point.
The Bolt meanwhile appears to be a well engineered vehicle, with remarkable efficiency, and design intended with utility in mind coupled with 0-60 time of 6.5 seconds, and good highway passing power as well.
The U.S. EPA has just published the official numbers to fueleconomy.gov, and numbers of interest may be perused there.
Chevrolet says “the well-equipped LT trim” includes a Regen on Demand steering wheel paddle, rear camera, 10.2-inch color touch screen and Michelin self-sealing tires (in certain circumstances).
The Premier trim bundles the above plus leather-appointed seats, front and rear heated seats, surround camera and rear camera mirror.
“The Bolt EV will be available at select dealerships in late 2016,” says the automaker of a car expected to be sold in all 50 states.