Chevrolet‘s all new electric vehicle will not only get 238 miles on a single charge, but will be quite affordable as well, coming in at $37,495 and then under $30,000 thanks to additional tax credits.
Chevrolet notes that customers may be eligible to receive a federal tax credit of up to $7,500, depending on individual tax situations which would bring the cost of the Bolt down to a much more appetizing $29,995.
For reference, the Nissan Leaf starts at just $29,860 before tax credits, but it only offers 84 miles of driving range. The Tesla Model S offers over 200 miles of range, but it costs over $66,000.
This $37,495 price is for the Bolt LT which includes features like a rear vision camera, 8-inch digital gauge cluster, 10.2-inch touch screen, automatic climate control, keyless entry and start and unique, self-sealing Michelin tires. Bolt LT vehicles can also be had with Comfort and Convenience Package, which adds heated front seats, heated leather steering wheel and a auto-dimming rear view mirror. LT models can also be equipped with the Driver Confidence I Package, which includes driver assistance features like side blind zone alert, lane change alert, rear cross-traffic alert, rear park assist.
Buyers can opt for a Premier trim that includes the content from the Comfort and Convenience package, and then adds a few more features over the LT model. Premier trims include leather seating, roof rails and can be equipped with the Infotainment Package and Driver Confidence II Package.
“Value is a hallmark for Chevrolet and the pricing of the Bolt EV proves we’re serious about delivering the first affordable EV with plenty of range for our customers,” said Alan Batey, president of GM North America. “We have kept our promise yet again, first on range and now on price.”
The Bolt is scheduled to hit dealers later this year, and is considered to be a huge milestone for affordable electric vehicles that can surpass 200 miles on a single charge.
This range is thanks to the cars 60kWh battery which provides juice to an electric motor powering the front wheels. The motor makes 200 hp and 266 lb-ft of torque, allowing the crossover-like EV to hit 60 mph in about seven seconds.
Charging times haven’t been fully revealed by Chevrolet assures us that the 7.2 kW onboard charger will result in a full charge overnight from a 240 volt outlet. The automaker also notes that a 50 miles can be recharged in less than two hours. Bolt buyers can also get an optional DC Fast Charging system that uses SAE Combo connector, and would be able to recharge up to 90 miles of range in 30 minutes.
For more information on the upcoming Chevrolet Bolt, be sure to check out our drive of the prototype back in January.
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