First Allotment Of Chevrolet Bolts Sells Out In 2 Hours In South Korea

Order books for the first allotment of Chevrolet Bolts in South Korea opened and closed within just a couple hours, according to General Motors Korea.

Sometime on Friday, General Motors Korea opened ordering for the first 400 Bolts bound for South Korea in April. Within two hours, all 400 Bolts sold out.

Quoting a GM Korea spokesperson:

"All 400 units in the first shipment were gone in just two hours."

"The company will seek a way to secure additional units to meet waiting demand."

GM will officially debut the Bolt in South Korea at the 2017 Seoul Auto Show starting on March 31. First deliveries should occur on or around that date.

Pricing for the Bolt in South Korea starts at 47.79 million won (US $42,254). But various local and national incentives can drive down that price to as low as 22 million won or approximately $20,000.

Source: Yonhap