The Bolt's Journey Has Been A Bumpy One If you've been following the news of the Bolt EV here, you've seen the highs and the lows. On the upside, GM managed to bring it to
. What makes this special is that they’re now making those price drops permanent instead of frequently temporarily dropping the price.
Personally, I don’t think the Bolt EV was ever really worth $35,000 or more. Yes, it’s an EV, but as I pointed out earlier, it’s inferior to the Tesla Model 3 in many ways. It’s better than the Nissan LEAF in that it has liquid cooling, but while the Model 3 can charge at 250 kW, the Bolt can only charge at 55 kW. That makes it a very difficult car to take the occasional road trip in while it’s relatively easy in a Model 3.
This feature and performance disparity left Chevrolet and GM with no choice but to drop the price, but they didn’t want to do it permanently.If you don’t go out of town much and don’t know or care about which wheels get the power, the Bolt EV is still a very decent vehicle. With an EPA range of just under 260 miles, it’s about as useful as a Tesla for most drivers. It has great interior room, especially if you get the larger SUV version .
By offering the vehicle at a reasonable price that reflects its limitations, we’re going to see a lot more people be able to afford one. This will allow a larger percentage of the population to consider switching to an EV for their local driving needs, and even some limited regional drives if you have the patience for charging.
I think most readers would agree that opening up the bottom of the market for more people is great for the whole industry.
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