General Motors made good on its promise to launch the 2017 Chevrolet Bolt EV by the end of 2016. In the meantime, Tesla has been quickly readying its affordable Model 3 electric car to directly challenge Chevrolet’s affordable EV.
Now, it’s finally here. Tesla CEO Elon Musk published official photos of the first production Model 3. However, it may still be some time before the Model 3 enter full-blown mass production. The first 30 customers are expected to receive their production Model 3 sedans on July 28 during a “handover party,” according to Green Car Reports. As for when the hundreds of thousands of reservations will be filled, that’s still unclear.
Musk believes it’s possible to build as many as 20,000 Model 3s per month by this coming December. However, it’s still unclear what kind of official specifications the Model 3 boasts. Power, range and other details remain a mystery. It’s likely one reason why Tesla’s value has slumped significantly this past week.
In the meantime, Chevrolet is nearing its nationwide launch of the Bolt EV. The electric car has been trickling into new markets this year, but by the end of summer, certified dealers will receive allocations of the car in every single state.
The great affordable EV race is poised to really begin heating up this year. Not only will the Bolt EV’s availability expand significantly, the 2018 Nissan Leaf will also arrive with a potential range of up to 250 miles.