2017 Chevrolet Bolt EV Priced Under $37,500 As Promised

2017 Chevrolet Bolt EV Priced Under $37,500 As Promised

After recently surprising the market with an impressive 238 mile EPA range rating, General Motors has announced its Chevrolet Bolt EV will be priced from $37,495 including destination ($875) - again, as promised and under that $37,500 initial pricing target from 2 years ago.

“We have kept our promise yet again, first on range and now on price," Alan Batey, President of GM North America

Chevrolet Bolt EV offers a 238 mile/393 km EPA rated range

Chevrolet Bolt EV offers a 238 mile/393 km EPA rated range

The $37,495 price-point means that after the $7,500 US Federal incentive is applied, the Chevrolet Bolt will effectively retail from $29,995 for the base LT trim.  Also available, the Premier trim from $40,905 (+$875 DST, net $41,780).

We should note that the base model does come fairly well equipped and includes GM's new "Regen on Demand" steering wheel paddle, rear vision camera, 10.2-inch touch screen.  The Premier trim adds leather, heated seats and surround camera.

CCS fast charging is available as a $750 option.  (Update: GM has stated that fast charging is an available option for both the LT and Premier trim, prior/other reports incorrectly stated it was standard on the Premier trim)

Check out the full list of features found on both the LT and Premier models below.

“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,” said Batey,

Once again, GM also didn't miss an opportunity to confirm the estimated arrival date for its all-electric car, stating that, "The Bolt EV will be available at select dealerships in late 2016."

As an additional note on the expected wider release date:  it appears that GM has plans on the Bolt EV being available throughout the US (and North America) shortly thereafter, as while announcing a price of $42,795 (+$1,600 DST) in Canada - which includes fast charging, Chevrolet stated that it would be available in "early 2017".

And yes, $42,795 (CAD) is a pretty sharp price for America's neighbors to the north, as with the currency exchange, that MSRP works out to be $31,850 USD (+$1,200 DST - USD) while also taking into account the cost of fast charging (32,420 without doing so).

GM pretty much says it all with this graphic

GM pretty much says it all with this graphic

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

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

Check out some promotional videos on the Chevy Bolt from GM (10 of them) here, while also the first long distance (~240 miles) test drive review here.