Chevrolet Bolt EV In Canada Priced At $42,795 – Includes Fast Charging, Arrives Early 2017

SEP 20 2016 BY STATIK 44

Chevrolet Bolt EV Priced From $ In Canada

Chevrolet Bolt EV Priced From $42,785 In Canada

The all-electric Chevrolet Bolt EV, which has been rated at an exceptional 383 km (238 miles), has also been given a fairly exceptional price-tag in Canada – $42,795 CAD (+$1,600 dst).

Chevrolet Bolt EV - Available In Canada In Early 2017

Chevrolet Bolt EV – Available In Canada In Early 2017

We say exceptional because, while Canadians typically get the short end of the stick for pricing compared to the US, the Canadian pricing is a decent savings over the $37,495 USD the Bolt EV was recently priced at in America.

With an exchange rate (at time of press) of 1.32 Canadian dollars equaling $1 USD, the Canadian pricing translates to $32,420 in the US.

Also of note, the Canadian base pricing includes DC fast charging, which is a $750 option ($990 CAD) in the US on the base model.  So one might say the Canadian price is equal to $31,670 USD – some $5,825 cheaper.

“The base LT trim comes with standard features that include, among others, Regen on Demand™ steering wheel paddle, rear vision camera, 10.2” diagonal colour touch-screen and MICHELIN™ Self-sealing tires. The top trim Premier includes all LT equipment plus additional standard features such as leather-appointed seats, front and rear heated seats, surround camera and rear camera mirror.”

In 3 Canadian provinces with rebate programs, the news is ever better (especially in Ontario), where the pricing is reduced further.

  • Ontario (details) – $12,839 rebate from the base pricing (up to $14,000 available on higher trims/options)
  • Quebec (details) – $8,000
  • British Columbia (details)- $5,000

In Ontario, when applying the $12,839 rebate, the Bolt EV should lease from around $325 ($250 USD) with little down (~48 months) – a significant result indeed.  Unfortunately, that number will double for those finding themselves in locations with no rebates available.

Update (January 2017):  Ontario has adjusted its rebate program.  Now instead of the value being capped at 30% or $14,000 – whichever is lower, the 30% cap has been removed.   Meaning of course that the entry level Chevy Bolt EV just cheaper!

With the pricing set, the Bolt EV has now become the plug-in vehicle “value” champ in Canada when accounting for its abilities, as even its sister-car, the Chevrolet Volt is priced from $38,490 CAD, while the Nissan LEAF (30 kWh – 172 km) is priced from $37,398 CAD.

“Value is a hallmark for Chevrolet and the pricing of the Bolt EV proves we’re serious about delivering the first affordable EV with plenty of range for our customers. We have kept on our promise yet again, first on range and now on price.” – Alan Batey, president of GM North America and leader of Global Chevrolet.

Pricing on the Premier trim was not announced, however the Bolt EV’s release timing was.

GM says to expect the Bolt EV in Canada in early 2017.  This date is also significant for those in the US outside of the initial “select dealership/states” roll-out, as it shows GM plans to quickly have the Bolt EV available throughout North America.

Here is a look at the two trim levels (and standard equipment) of the 2017 Chevrolet Bolt EV:

2017 Chevrolet Bolt EV Trim Details: LT, Premier (click to enlarge)

2017 Chevrolet Bolt EV Trim Details: LT, Premier (click to enlarge)

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44 Comments on "Chevrolet Bolt EV In Canada Priced At $42,795 – Includes Fast Charging, Arrives Early 2017"

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Robert Weekley
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Great! Now if I could just afford this AND the coming Model 3! Then I would not need an argument about which is better, only, who gets to drive the Bolt EV, after the Model 3 arrives!

This is sounding much closer to the price of the Soul EV Premium model, and less than the BMW i3 ($45,309), or even the Hyundai Sonata PHEV ($43,999), but the Sonata has an EV Range if just 36 Kms, backed up by 922 Kms on Gas!

Paul Latouche
Guest
Paul Latouche

That’s good news for us in Canada. If it was a straight conversion from US MSRP to CAD, that would be too expensive up here.

ClarksonCote
Guest

I’m amazed. I wonder if someone at GM accidentally divided by 1.32 instead of multiplied by 1.32 🙂

Seriously though, if they are selling to Canada at that price point and at a profit, that should be good news for the Bolt EV and other electrified GM products going forward.

R.S
Guest
R.S

The Bolt is only so “expensive” in the US, because the incentives are running out and GM can still cash in while they are available. After those run out the Bolt will see a substancial price cut.

fotomoto
Guest
fotomoto

This.

Also, yearly BEV sales in Canada are typically measured in the hundreds so not much to see here.

ClarksonCote
Guest

Am I missing it, or does the Bolt EV have no navigation option? Are they just relying on Android Auto/Apple Carplay at this point?

Mike I.
Guest
Mike I.

It looks like you’re right. There does not appear to be any native navigation capability. An inactive and inexpensive Android phone would probably be the best solution if you don’t have an active smartphone. You could tether it to the car’s hotspot. The data service is $10/mo for 1GB/mo after the 3 month free trial. You can also add it to your AT&T data share plan for $10/mo.

Andre
Guest
Andre

Yes it has navigation. You either use the Apple Auto or the Android auto which are both built in.

Eco
Guest
Eco

Bolt EV for C$42,795 is almost compelling enough to not wait for the Model 3 … maybe if Alberta had a rebate? But no (sigh) hell hasn’t frozen over yet!

Delta
Guest
Delta

This is a crazy good deal in Ontario with our generous EV rebate (14k rebate). I don’t know why GM would make such a sweet deal for Canadians.

GM has made the price point and Ontario has the best rebate. So this will be the real beginning of the EV revolution. I guess my model 3 reservation is in jeopardy. I will wait till next Model 3 announcement.

Elon said he wanted to spark competition. Well he got what he asked for.

Daniel
Guest
Daniel

As any other automaker here in Canada except for Tesla you get a better price now because of the exchange rate. But historically is the other way around.

They would not sell a single Bolt if they take the current exchange rate, that would be crazy expensive.

Neromanceres
Guest
Neromanceres

This is even better than I expected. I’ve very excited now.

GM has always leveraged its operations in Canada to keep pricing fairly stable. So when the dollar is up we get the shaft but when the dollar is down (like it is now) we get the benefit.

SparkEV
Guest

Pricing is like SparkEV where US was MSRP $26K USD, but $24K USD in Canada. What is this, socialism where wealthier US residents support those poor Canucks? 😉

If it indeed leases for $250/mo with little down, they might have hard time keeping up with the demand. Related, that might kill all other EV sales if they can keep Bolt in stock.

Djoni
Guest
Djoni

Currency rate goes both ways.
Many GM car or part that are made in Canada and sold in the USA do benefit the company.
So they can play the game much more extensively than one sais manufacturer that only produce in the USA (related with CND)

It’s great news thought, even if I don’t live in Ontario.

John
Guest
John

Anyone know if I can buy in Canada for use here in the U.S., or does the federal tax credit require purchase within the U.S.?

My brother lives 3 miles from the Canadian border. 🙂

DavidL
Guest
DavidL

I’m not sure about buying an EV in Canada and trying to get a rebate in the US – but within Canada, to get the rebate you must register and get plates (insurance) within the province of purchase to be eligible for the rebate. I imagine that within the US it’s the same …

Feanor
Guest
Feanor

If I understand this correctly, EVen if I live here in Winnipeg, I can buy the Bolt in Kenora, Ontario have it registered and insured there and avail of the $12,500 rebate? Can I do this? Anyone?

Andrew D
Guest
Andrew D

I live close to the border on the Canadian side. Over the decades, I’ve known Americans who came up to buy cars here to bring them home when price was advantageous for a few years. Then it flipped for a few years, Canadians going down south to buy cars and bring them up. This goes in cycles.

To get the rebate, I think people use a friend/relative on the other side, have them register the vehicle in their name, and then transfer ownership after an appropriate amount of time.

DJ
Guest
DJ

Ya, I know this is possible for cars in general but I don’t know how the rebate works. At this price IF you could get the rebate it would be worth it to buy in Canada and then bring it down south.

That is a big IF though…

Terawatt
Guest
Terawatt

This makes me hope for aggressive pricing of the Opel Ampera-e as well. And an early 2017 launch date.

I’ll keep my Leaf and my Model 3 reservation unless my needs change (I’m a consultant, so I never know where I’m going to work), but I have to say if the pricing in Europe proves equally aggressive I’m not sure a lot of people will.

Pity it can’t tow. That is another big advantage for M3.

wavelet
Guest
wavelet

Editorial request:
In articles like this which discuss comparative prices in two countries both of whose currencies are called “dollar”, _please_ prefix the the $-sign in all amounts with the letters identifying the relevant country, e.g., “US$1000”, “CDN$1000”, “AU$1000” etc.

Otherwise, it gets very confusing (-:
I had to re-read most of the article & comments several times to be sure I understood the details (and “price in Canada is $45000” is still confusing — it could mean US$45000 or CDN$45000).

wavelet
Guest
wavelet

… And I completely forgot:
Good news for Canadians (eevn those interested in other EVs), now let’s see how the demand shapes up !

Yogurt
Guest
Yogurt

Does that mean GM is making at least US $5,825 in profits from every Bolt in not a couple thousand more??

Which would mean EVs can be very profitable??

lewl
Guest
lewl

It likely means GM will be keeping this price for the life of the vehicle, hoping exchange rate improves and they can make the money back in the future.
i.e. it’s a discount now, but as exchange rate improves the other way, they would not reduce the CAD price, and make their money back.

Or they’re just doing it for cred and to dominate the market vs Tesla, who cannot afford to sell a large amount at a loss in order to compete.

BraveLilToaster
Guest
BraveLilToaster

Nice. Out here on the Wet Coast, that comes out to $37,495 after the Provincial rebate. Not quite as awesome as the price we paid for our 2012 Leaf back in 2013 at the year-end sale rate of $27,495, but hey, still not bad!

pk
Guest
pk

Hmm, If I can really get a $325/month lease, I’m in. I’ll trade in my ICE and when my Leaf lease is up, it will be time for model 3.

ModernMarvelFan
Guest
ModernMarvelFan

Those Canadians… =)

They got a great deal again!

Mark
Guest
Mark

Why wouldn’t they include freight in Canada as well? Then on base trim ppl in ontario would save an extra $480 as they would get 30% off the $1600 freight.

RC
Guest
RC

You have underestimated how crappy the lease deals are on EVs in Ontario. For the Volt Premier ($42,500 – similar to the price you listed for the Bolt) a 48 month lease is $495 without tax AFTER the full Ontario rebate of $11,280 ($560 taxes included). Go to the Chevrolet.ca and do the build and price to see for yourself. It is the reason I bought instead of leasing.

And where do you see the base Leaf for $199/month? On Nissan.ca it is $199 SEMI-monthly ($399/month or $450 with tax). The Leaf SL which is $40,550 (closer to the Bolt but still a little less) leases for $465/month or $530 with tax. Again, these are the prices AFTER rebate.

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