While the latest news over the 2017 Chevrolet Bolt surrounds General Motors and LG Chem announcing a new strategic partnership to supply essential components for the upcoming EV, InsideEVs caught a very interesting bit during a recent interview with GM product head, Mark Reuss.
Previously, the magic number touted by GM was $30,000 regarding a potential target price for the automaker’s pure electric vehicle. During a recent interview, Reuss spilled a different quote saying, “It (the Chevy Bolt) will be around $30,000, but I think it’s going to be below that when you get the tax break on it. It will have over 200 miles of range.”
Less expensive, and more than 200 miles of range? That’s certainly something to look forward to. It also backs up rumors stating prototypes are traveling greater than 200 miles during testing.
The original report also notes the change in price perception may have something to do with slumping battery cell costs. It was made public the raw cells found inside the 2017 Bolt EV will only cost GM $145/kWh from LG Chem.
General Motors reiterated in the LG Chem announcement it is still on track to begin production of the 2017 Chevy Bolt EV in late 2016 at the Orion assembly facility.