WSJ: GM to release the $30,000 Chevy Bolt electric vehicle in 2017

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Looks like General Motors is about to go head to head against Tesla with a new electric vehicle called Chevy Bolt (yes, Bolt with a B ) -- at least according to The Wall Street Journal . The publication's sources say the Bolt can travel 200 miles on a single charge (the 2013/2014 Volt can only last 38 miles on a charge) and will be available in 2017 for $30,000. That makes it a direct competitor to Tesla's Model 3, which has very, very similar specs and pricing. The WSJ also reveals that the car will "be designed to look more like a so-called crossover vehicle" and use battery manufactured by LG Chem Ltd. in South Korea.


GM first dropped hints of the new EV in 2014, when it filed a trademark application for "Chevrolet Bolt" and "Bolt." While it still hasn't confirmed the EV's existence, we might know (and have a visual to go along with all the description above) for sure really soon, as sources say the automaker is slated to showcase a Bolt concept on Monday at the Detroit Auto Show. If and when it does come out, the Bolt will be available nationwide, according to The Detroit News , unlike the Chevy Spark EV that's only available in Oregon and California.

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Source: The Wall Street Journal


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