2023 Chevy Bolt EV And Bolt EUV Pricing Unchanged In Canada

GM generated headlines last week when it announced new cheaper pricing for the 2023 Chevy Bolt EV and Bolt EUV that will bring both vehicles below the $30,000 threshold. Unfortunately, these same price changes will not be applied to the battery-electric subcompacts in Canada, with the pair set to continue on with the exact same pricing structure for the 2023 model year.

Pricing for the 2023 Chevy Bolt EV in Canada will start at C$39,998 including the mandatory C$1,800 destination and freight for the entry-level LT trim, while pricing for the Bolt EUV in the LT trim will start at C$41,998. Pricing for the Bolt EUV Premier will start at C$45,498. These prices are unchanged from the 2022 model-year Bolt EV and Bolt EUV in Canada.

2023 Chevy Bolt EV and Bolt EUV Pricing In Canada
2023 MSRP + DFC
2022 Chevy Bolt EV LT $39,998
2022 Chevy Bolt EUV LT $41,998
2022 Chevy Bolt EUV Premier $45,498

GM Canada indicated the automaker did not see a need to apply a lower price to the Bolt EV or Bolt EUV, as many rival offerings occupy a similar price point.

“Chevrolet Canada plans our portfolio pricing for our market based on the EV competitive landscape in Canada,” a spokesperson said in an emailed statement. “Bolt EV and Bolt EUV remain competitively priced in Canada for customers looking for long range and technology features at an affordable price.”

It’s worth pointing out that the model structure for the Chevy Bolt EV is a bit different in Canada than in the U.S. Canada only has the 1LT trim level, whereas the U.S. has both the 1LT and 2LT. The Canadian-spec Bolt in the 1LT trim includes some features that are optional on the U.S.-spec 1LT, such as heated front seats and a heated steering wheel.

In the U.S., the 2023 Chevy Bolt EV will be priced from $26,595 including destination and freight, which is $5,900 cheaper than the 2022 model. At the current exchange rate, this would be equivalent to C$33,455. The 2023 Bolt EUV, meanwhile, will be $6,300 less expensive at $28,195, which is equal to C$35,468 at current exchange rates.

The Chevy Bolt EUV’s main competitor in Canada is the Hyundai Kona EV, which is priced from C$46,449 including destination and freight.

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2023 Chevy Bolt EV Photos
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2023 Chevy Bolt EUV Photos
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Sam loves to write and has a passion for auto racing, karting and performance driving of all types.

Sam McEachern

Sam loves to write and has a passion for auto racing, karting and performance driving of all types.

View Comments

  • yes gm riping of the public again i wouldn buy again i b was going get one price was right but there are others to choose from

  • If this is the case, I am pulling my order from GM and going somewhere else. I don’t care if I have to wait 2 extra years, it’s the principle. Tells you what GM thinks of Canada

  • every dealer ive talked to are trying the old ' market ajustments ' talked to one yesterday and asked if they are selling bolts at sticker minus the new price reductions that GM released, this woman said they are selling at sticker plus a thousand dollars for tinted windows, edge guard, nitrogen in the tires, wheel locks , which I told her that is just dealer fluff and she tried to tell me that people are paying 5 to 15 thousand over sticker to get one, lol I told her no one in history has ever paid 15,000 over sticker to get a bolt and told her that when the new 30 grand evs are released that they wont be able to give Bolts away

  • While the Bolt may be the lowest priced EV in Canada, new vehicles such as the Kia EV6 and Hyundai Ioniq5 offer much better features and comfort, and the base models are competitively priced. Once production ramps up for these and other vehicles, GM may decide to reduce the Bolt's price, however it may be too late at that point

    • As nice as the Ioniq 5 is, I wouldn't even begin to consider the base model over a Bolt EUV Premier - those are close in price but.... a smaller battery in the Ioniq, less range, less power, less luxury, no wireless connectivity, still no heat pump.... You have to pay quite a bit more to get an Ioniq 5 that is superior to the Bolt EUV Premier. Believe me, I really wanted the Ioniq 5 but to get a decent trim is much higher priced, and an extremely long waiting list.

  • I have had a Bolt since August 2017 in Texas.

    I love it.

    It didn't go on fire, has great performance, good acceleration and range [280 miles], a smooth ride and is SO cheap to run. I charge it overnight twice a week with my home charger.

    I use it round town all the time and my Porsche sits in the garage waiting for me to go on a long trip.

    It's the way of the future.

  • this market ajustment crap is making people glad that electric cars will put dealer out of business , ive talked to a lot of chevrolet dealers and they are all trying it, a smart person wont ever go to them in the future, I write down the name of every dealer that tries to push market ajustments, and I spread the word not to buy from them

  • They better re-evaluate this decision. It sort of made sense when the US Bolts didn't get a tax incentive while Canadian sales did. However, they have now re-introduced the $7,500 tax credit in the US for Bolts sales. So in Canada we are getting doubly screwed.

    • If you order, they always sell at sticker. I ordered mine a couple weeks ago. I am hoping GM sees the light and gives Canadians the discounted price that they give in the US.

  • All the complains about the rip-off against to Canadians missing a main point, which is why can't Canadians make their own EVs? It's a huge country with lots talented immigrants/professionals, highly educated people and young working age labours. Still we don't have a brand name in car of own?? I'm not talking about just making the cars as a production line from US in Canada. I'm talking about design, manufacture of a brand name of own car, to compete with US and the world and to sell to Japan, Korea, US with cheaper price and better quality. Why cant Canada do it ? The government has to find the reason and fix it, whether its too much regulation or union, the shame part of it is for so many years, Canada has failed to produce a car in its own name. Let Canada make its own car, better than Honda, Toyoto, GM, and see who dares to rip Canadian off by then, until then, work harder and stop complain.

    • Why should the government get involved? We live in a free enterprise economy not a Communist state!

      We tried to make our own brand years ago. What happened? The US brands did everything they could behind the scenes to bury the Canadian brand before it could even get started. Albeit, in this new age with broadly available public information and the EV movement growing stronger every day, it would be a whole new ballgame if we started a new EV company today.

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