Chevrolet Bolt EV Pricing and Tax Credits Announced
Chevy has been working to increase the anticipation for the new Bolt, flaunting information about the new EV’s incredible range, futuristic technology, and affordable price – though up until now, we didn’t have specific information on Bolt EV pricing. Since its inception, Chevrolet has been promising an under-30k price tag for the vehicle, hoping to beat its Tesla competitor on the grounds of affordability. Now, we know the Chevrolet Bolt has managed to attain the promised sticker price of $29,995 after some available tax credits.
The true sticker price is about $37,495, which goes a bit over, but in the United States, owning an EV comes with some financial perks – such as getting a maximum tax credit of up to $7,500. However, for that amount of money, drivers are getting tech never before seen on the market in this segment, like a staggering 238-mile all-electric driving range, a powerful 200-horsepower engine that can go from 0 to 60 in 7 seconds, Regen on Demand tech that allows drivers to regain battery power from friction, and more.
With Bolt EV pricing announced, you can start balancing your budget for when the vehicle goes on sale sometime this fall or winter. A specific date has not been announced yet, but we’ve been given an estimate of “late 2016.”