The 2023 Chevy Bolt EUV has received a $6,300 price drop, bringing the price of the battery-electric crossover in the base LT trim level below $30,000.
The 2023 Chevy Bolt EUV in the LT trim will be priced from $28,195, down from last year’s MSRP of $34,495. The Premier trim level, meanwhile, will now be priced from $32,695, down from $38,995.
GM applied a similar price change to the closely related Chevy Bolt EV for the 2023 model year, lowering its price by $5,900 across the board and bringing the base price of the LT trim level to just $26,595.
The automaker will apply only minor updates to the Chevy Bolt EUV for the 2023 model year. This will include the addition of a new Redline Edition, which includes black and red Bolt EUV badging, red exterior accent decals on the outside mirror caps, 17-inch gloss black-painted aluminum wheels with red accents and an available Jet black leather interior with red accent stitching.
All 2023 Bolt EUV models come standard with a single, front axle-mounted electric motor rated at 200 horsepower and 266 pound-feet of torque, which receives energy from a 65 kWh lithium-ion battery. This setup provides an EPA estimated driving range of 247 miles.
Production of the 2023 Chevy Bolt EV and 2023 Chevy Bolt EUV at the GM Lake Orion plant in Michigan is slated to begin July 21st after the initial start date was pushed back in May for undisclosed reasons.
The Bolt EUV will have the second-highest ad spend at Chevrolet this year behind only the Chevy Silverado lineup. GM is looking to generate strong sales of the Bolt EUV, along with the closely related Chevy Bolt EV hatchback, after it was forced to recall the battery-electric models last year over battery fire risks.
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Comments
GM throwing more money away on that rolling fire hazard known as the Bolt.
Classic GM. Just like a person with a gambling problem.
You are totally ignorant of the facts.
Ya damn Iphone did the same when they had faulty batteries! Oh I guess they fixed the issue and the new phones are just fine! Guess some people are unable to realize problem can be fixed and just because something happened to a past model that doesnt mean it applies to the new models. Also dont eat any food, because at one point or another all types of food has had a recall of some sort!
is gm going to make any money at this price?
Yes and no. Any vehicle from any automaker has high fixed costs from paying your engineers, tooling the plant, property tax, etc. However, it’s likely that GM is writing off those costs but breaking even when considering only the materials and labor to build the car. Labor costs for a single shift can be “lowered” by being amortized over a higher volume of cars and reducing downtime. So if Orion stays busy, they’ll not likely be losing money by selling more of them.
I love how you ignore material costs.
Have you seen the price of lithium or nickel recently?
Uhhhh I didn’t realize “…when considering only the ***materials*** and labor to build the car…” was me ignoring materials costs.
Anyway, GM has long term contracts for materials and minerals, so the current spike doesn’t necessarily have an immediate effect. It may long term if prices remain elevated for many years.
Long term contracts can be voided when the underlining commodity goes up 900%.
The American Ignorance is strong with you.
they are losing money on this big time, they are just trying to dump what parts they have left before the drop the bolt completely
They must have a lot of surplus parts to get rid of at a projected 70,000 world wide sales. Duh.
They should get a long term contract for the computer chips they would use if they had them.
Electric and hybrid freight trains have been the norm since the 1970s. If you can make a profit off them, you can make a profit off cats.
Nope. They are losing money per sale at that price.
Ironically this is the worst time to be trying to buy market share with expensive advertising & discounting with the recession around the corner.
With federal and provincial tax credits it could drop the price below $20k in Canada. Kind of tempting to buy just because.
No such annoucement for Canada unfortunately…now the price is $40% higher…
$6,300.00 off….would you call that a fire sale?
They’re selling like hotcakes – emphasis on ‘hot.’
Motor trend just reviewed the bolt euv and didn’t care fit it, just a face life on a 5 yr old car, they ran over railroad tracks and thought they broke it, terrible suspension, slow charging , said the regular bolt is the better deal
Most other reviews I’ve seen are quite positive. It’s to know what to think when you can’t find one to test drive!
well ive read in several places about how awful the rear suspension is
they said this is a car with 5 yr old technology and really bad rear suspension , that just got a face lift, said it was a great car 5 yrs ago, but now is way behind current tech , I kind of like the look, but they are right
That is a gut punch to people who bought a 22 especially with an additional dealer rip-off.
I anticipated this. The Bolt can’t sell if it’s competing with the Ultium-powered Equinox EV. But the Equinox LT EV ($30,000) won’t come out until 2024ish, so the 2024 Bolt should have an even lower price than this one.
And it won’t be $30,000.
Unless GM wants to lose money per sale.
lol there wont be a 2024 Bolt , and now all these left over 2022 they cant sell, might have to be reduced into the teens to get rid of them
They probably over priced it in anticipation for the government pitching in with that 10-12.5k off. Since that never happened people won’t buy it at the over inflated price with no rebate.
Bolts were selling for like 21k brand new before Covid. Take another 6-7k off in discounts and them I’ll take notice.
The hot little car that nobody wants.
Are they going to drop the price for 22 because who wants a 22 that costs more than 23?
GM a leader where you don’t want to be……cutting prices on your EV. Bolt…..dead car walking.
When will they be available?
Go to the chevy website and build one and you’ll see that many dealers show them “In transit”, so it should be soon. But they still don’t show the price drop, yet.
I am looking forward to owning a Bolt EUV. Officially the order books open on June 9th, 2022 But…. I just visited my local Chevy dealership today and I was told that GM will not be accepting custom orders online or in person at a dealership. GM will be shipping 2023 Bolts to dealers as they roll off the assembly line without pre-ordering available. I will check back on GM’s pre-order web page in a week or so just in case the local dealership is mistaken about this.
GM announced this price drop 2 days ago. When is GM going to update its Chevy Bolt EUV website to reflect the new base price of $28,195? They are still showing the Bolt EUV LT1 base price of $33,500. What the heck is going on at GM that they can’t even keep their website up to date after this big announcement.
The announcement says it’s for the 2023 model which goes in production in July. Doesn’t say anything about the 2022 model.
well if the 2023 is reduced to that price , then what price is the 2022 ? remember thats going to be a year old car as soon as you sign your name on the dotted line
So true.
And by the time the 2023s are delivered to dealerships, they’ll likely be a year old too!
I noticed that too. But when you look up the cars details on the dealer’s website it shows all current discounts. I think GM won’t show ANY discounts since there are some state-by-state ones too.
I went to a dealership yesterday. They said 2023 EUV has rebate of $6,900. But if I trade in my 2020 Bolt premier I only get $3,700 rebate. They never said price drop & said rebate expires in 1 month. Can someone clarify. What is this rebate?
They also said the EUV they have has battery issues, so they can’t give it to me until GM gives them a new battery..☹️
I contacted a dealership 2d ago. The 2022 Bolt EUV rebate from GM is $6,300 for buyers who take delivery before July 1, 2022. The sales mgr said that he expects GM to extend that beyond July 1 since lots of 2022s are still waiting on their batteries. I’ll take a 2022 now with the rebate vs waiting, searching and hoping to find exactly the same car in the 2023 production. Note: GM isn’t allowing customers to build their 2023 Bolt (according to deslership mgr), it will be potluck deliveries to dealerships around the country. So you’ll either hope the car you want gets delivered locally or start hunting for it nationally, all later this year. I’m going for the bird in the hand.
Actually I had a dealer build my 2023 Bolt EUV on 06-15-2023.
.correction 06-15-2022
You ordered it in 2023?
If a typo, which dealership may I ask?
Actually I had a dealer build my 2023 Bolt EUV on 06-15-2022
Does them no good , when they reduce the price , then their dealers tack it right back on. I will never ever pay a penny over sticker for any car , much less a chevrolet