General Motors Exec: “It’s Not Necessary To Put Down $1,000 And Wait Until 2018” For An Affordable, 200-Mile Electric Car
General Motors’ vice president of global propulsion systems, Dan Nicholson, spoke in Detroit Wednesday about the Chevrolet Bolt EV, substantiating the company’s plans to combat Tesla in the battle of affordable, long-range electric cars.
Nicholson reminded the public that the Bolt EV will go on sale soon, way before Tesla’s Model 3 actually surfaces. The Model 3 has obviously been the object of much more media attention, but reports have speculated that this may help “all” electric car makers and sales. Especially those like the Bolt EV that boast “fully-electric”, “increased range”, and “mass market affordability”.
At this point, the Bolt EV is the only upcoming vehicle, aside from the Model 3, to satisfy the above requirements. Nicholson said:
“I am very proud of the Chevrolet Bolt that’s coming out, which will be the first to market as a long-range affordable battery electric vehicle. It will have more than 200 miles of range and it will be in production by the end of 2016, so it’s not necessary to put down $1,000 and wait until 2018 or sometime after that.”
The comment obviously pokes at Tesla, as the company recently took
325,000 400,000 reservations at $1,000 a pop. This for a car that may hit the market in small doses a year after the Bolt EV.
The two vehicles will compete due to range and pricing, even though the stylings are very different. The Model 3 is a small sedan with the very refined look of a sports car, while the Bolt is a small but roomy crossover. Both will achieve over 200 miles of range and ring in well under $40,000 for the base models.
Nicholson concluded with another strike at the competition:
“GM’s balance sheet is in pretty strong shape, so we don’t need to take $1,000 of your money just to hold a spot.”
Source: USA Today