Mark Reuss Thinks The 2017 Chevy Bolt Will Cost Less Than $30,0003
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.
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They will try hard to make this car base price with tax rebate in the $29K range.
GM with this car as like the Volt will be very aggressive to grow this segment. It will not be a High profit segment yet but if they can grow volume the prices will drop and the profits will come. Also they convince people that they are the segment leaders here since others are still behind.
Model 3, like what?
Try hard to get under $30k after tax credits??? The rebate is $7500, so it should cost around $23k after that tax credit!
I still think the Bolt will cost a few thousand over $30k and $25k after the $7500 tax credit (for those of us who pay $7500+ in fed income taxes, otherwise, you don’t; get the full $7500)..