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GM set to unleash new electric vehicle concept - The Chevy Bolt

General Motors are unveiling their new electric vehicle concept very soon - Priced at $30,000 with a 200-mile range, it's set to take on Tesla

Chris Smith | Jan 11, 2015 at 06:21 pm CST (1 min, 2 secs reading time)

General Motors teased us in late 2014 with a 200-mile range electric car, with media outlets reporting that it was going to be something similar to the Chevrolet Sonic - a car which saw its debut in 2011.

GM set to unleash new electric vehicle concept - The Chevy Bolt | TweakTown.com

The Wall Street Journal has unleashed information on GM's new market offering - the Chevrolet Bolt, pinned for a 2017 release. The report outlines that this car is styled to look like a crossover and the concept will be featured this coming Monday at the Detroit Auto Show.

Claimed to be released to the public for only $30,000, it's not clear if this price is inclusive or excluding the $7,500 federal tax credit. Comparing the Spark to the Bolt, its older brother only costs $26,820 excluding the tax, meaning that if GM are releasing their Bolt for $30,000 including tax - you're getting double the range for only $3,000 more.

We've been told that other states have even less taxes however, seeing places such as Georgia offering a $5,000 tax credit for the purchase of an EV, meaning the price will differ yet again.

GM are looking to bring it to Tesla, who are also releasing a new car in 2017 - their Model III. Also featuring a 200-mile range and priced at $35,000 after the federal tax credit.

NEWS SOURCE:hothardware.com
Chris Smith

ABOUT THE AUTHOR - Chris Smith

I'm a competitive gamer and was an eSports employee. Recent changes have seen me hang up the mouse and move over to the technology world, covering all news for TweakTown, ranging from gaming news to opinion articles and the latest tech releases. Expect to see a few different articles on international eSports news and competitive game releases, as well as audio and mobile device content.

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