The 2017 Chevrolet Bolt EV has begun dealer allocations for California and Oregon dealerships as it prepares to launch by the end of 2016, but those sales will be in extremely small numbers
However, small numbers are far from what LG Chem, which supplies batteries and electronics for the 2017 Bolt EV, imagines for the EV’s upcoming full model year. Automotive News reports the supplier expects General Motors to sell 30,000 units of the Bolt EV in 2017.
The forecast came directly from LG Chem Vice President Kang Chang-beom, who made the prediction during a conference call over the company’s third-quarter earnings.
The 30,000 units is a far cry from what Kelley Blue Book analyst first predicted earlier this year, setting his figure at a lofty 80,000 units for the Bolt EV’s first year of sales. That estimate relied heavily on fleets, which could be keen on an affordable EV with 238 miles of range.
The 2017 Bolt EV will arrive with a $37,495 price tag before federal tax credits bring the cost down to $29,995.