Chevy Bolt EV Concept Moves to Production in 2016

When the Chevy Bolt was introduced a few weeks ago at the Detroit Auto Show, the advanced state of the concept’s build led to some obvious questions, like “this looks like it’s ready to go, when are you going to produce it?”  Chevy was coy and non committal, also obviously.

A couple of days ago, I saw this on my bustling automotive RSS feed, from the fine people at Automotive News:

General Motors plans to begin building the Chevrolet Bolt, its all-new $30,000 electric car, in October 2016 at an underused small-car plant north of Detroit, two supplier sources told Reuters.

 

GM’s production target for the Bolt is about 25,000 to 30,000 cars a year, the sources said.

 

With demand projections softening in the face of low gas prices, Chevy plans to add space for the new vehicle by cutting production of the Sonic and Buick Verano (one of the cars you see in the fairly cool Buick spots).

The Bolt should roll into showrooms priced in the mid-$30’s.  Federal incentives should lower the end price to at or around $30,000.  As we already know, the Chevy expects the Bolt to compete with the Leaf (should be a good battle) and Tesla’s Model III (should stand no chance).

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Sebastian James

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