General Motors and Chevrolet have hit the magic target; the 2017 Chevrolet Bolt EV will come in under $30,000 after federal tax credits.
The news follows another big piece of information on Chevrolet’s latest EV after it was announced the Bolt EV would manage 238 miles of range before having to find a charging station.
Chevrolet has made the pricing official, stating the 2017 Bolt EV will arrive with a $37,495 price tag before any incentives are applied. Tax credits climb to $7,500, making the lowest potential price for the Bolt EV $29,995.
That $37,495 figure is for the LT trim, which Chevrolet states comes well appointed. Regen on Demand steering wheel paddle, a rearview, rear vision camera and 10.2-inch diagonal color touch screen are all present at the Bolt EV’s starting price.
The Premier trim was not priced, however, but we do know it adds finer things such as leather seating, heated seats for all passengers and a surround camera.
Chevrolet said the Bolt EV is still on schedule to arrive at “select dealerships” in 2016.
Comments
Not being American I never really looked into it, and Canadian tax credits on EVs pale in comparison (as per usual with everything lol). But there are also State specific credits too right? I think I remember California-of course, and Oregon offering the largest State credits. So what is the absolute most you could receive in credits when buy the Bolt, or any qualifying EV? Are residents of one State able to cross border shop to save additional money? Or must you be a resident of the State which you apply for the credit?
Colorado offers $6000, which a quick search suggests is the highest.
So far, so great. If they actually launch this thing — to consumers — by the end of the year, this will be one of the most impressive product launches in the history of the company. They will have beaten an investor and media darling by (at least) one full year, and from all the early reviews, the car is a winner. A triumph of both tech work and corporate planning.
I hope GM pulls it off, and the driver & consumer experience (including buying from dealers, which I’m a bit worried about, as EV’s do not have the maintenance work / cash flow opportunities that a gas-powered vehicle does) is great.
What is the price in Canada? Ontario will be offering a $14,000 credit plus $1000 to put a plug in your house. Also in consideration is the removal of HST and free electricity to charge stations in condominiums. Our liberal government is putting money where their mouth is. Our lesbian Prime Minister is the best. Lol