GM ready to jolt Tesla with new Bolt

Michael James

January 11, 2015

Pull over, Tesla. The Chevrolet Bolt wants to pass. At least General Motors hopes that’s the case with its all-electric Bolt concept car debuting at the North American International Auto Show in Detroit.

The Bolt, the sibling of the Chevrolet Volt, has a 200-mile range as a pure electric car, according to GM, and it ould be available to the public in 2017.

The Volt is “an extended-range electric,” meaning it also has a backup gas engine. The second-generation 2016 Volt will also be shown at the North American International Auto Show.

According to a report last week in the Wall Street Journal, the Bolt will be priced in the $30,000 to $35,000 range after incentives, including a $7,500 federal tax credit.

The Chevrolet Volt (above) has a news sibling, the Chevrolet Bolt concept.
The Chevrolet Volt (above) has a news sibling, the Chevrolet Bolt concept.

General Motors hopes the Bolt will provide strong direct competition for the Tesla 3. It’s the planned, lower-priced Tesla model. But it’s not expected to be available for at least two years.

The current Tesla Model S sedan has a beginning price of about $80,000.

The Bolt electric vehicle is larger than the Volt and shares its hatchback body style. Batteries from LG Chem would give the car a range of 200 miles on a single charge. The powertrain would be derived from the one in the tiny Chevrolet Spark EV sold in California and Oregon.

 

Article Last Updated: January 13, 2015.

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