The 2018 Chevrolet Bolt EV definitely is the one worth waiting for as this electric subcompact car has been highly anticipated for quite a while. To be available for sale later, the Bolt will become a real rival for the Tesla Model 3, which has been established as the top performer within this segment. There are some things that make the upcoming Chevy Bolt EV highly anticipated, including its design that is expected to be more substantial than its cousin, Spark EV. If you really are curious about this new and upcoming electric car from Chevy, then read on.
2018 Chevrolet Bolt EV Price Information
Since the 2018 Chevrolet Bolt EV is still listed as the upcoming model, we can only make an estimate when it comes to the price. We estimate that the Bolt EV will start from no more than $40,000 when it finally goes on sale later. And with tax credits, the price is supposed to be cut down to around 30 grand. Even so, EVs are often being traded on lease prices that are subsidized heavily, so they rarely relate to the MSRP.
2018 Chevrolet Bolt EV Concept and Specs
To arrive later as 2018 Chevrolet Bolt EV model year, Bolt will complement Chevrolet’s new and second generation 2016 Volt in the showrooms. In addition to that, Bolt EV will also help to amortize some of the development costs incurred within the GM for electric cars. Chevrolet intends to design and market the Bolt as the first affordable EV within a 200-mile range and counts on mass-market sales towards all the buyers who cannot afford to splurge for a Tesla and public acceptance on the company’s definition of the term “affordable.”
Design wise, the 2018 Chevrolet Bolt EV will utilizes the global small-car architecture GM uses to underpin both of Sonic hatchback and sedan. The production itself will take place at the same plant located north of Detroit where both Sonic and Buick Verano are assembled. As a car designed to replace the existing Chevrolet Spark EV, the Bolt EV will also be acknowledged to be a compliance car. Well, what does that term actually mean?
The 2018 Chevrolet Bolt EV as a compliance car means that the car will be offered in a low volume or limited markets. The numbers will be just enough to fulfill the zero-emission sales rules in California, in which has been filled in by the Volt for the past five years. The ZEV rules itself will begin to significantly ramp up in number when the 2018 arrives, increasing by an addition 1% of sales every year from 2018 and working to more automobile makers
Regardless of the buzz about the Tesla Model 3—in which 400,000 people have written down $1,000 even though with no any guaranteed timetable in terms of delivery—the new and upcoming 2018 Chevrolet Bolt EV clearly will be the first 200-mile electric vehicle that is mass-priced on the market. Volt itself was expected to be sold in 25,000 to 30,000 during the first year, or about 10 times the sales of the Chevy Spark. However, Bolt EV is nonetheless a compliance car as GM sells it only because the sales will let the car comply with the ZEV rules.
The 2018 Chevrolet Bolt EV will be powered by a compact electric motor mated by a direct-drive transmission. The transmission itself is most likely to evolve from the one also being utilized in Chevy Spark. However, for the Bolt EV, the powertrain department will also have a much larger li-ion battery pack from LG Chem., GM supplier. The cell type of the configuration and location of the battery pack, however, have not been revealed by the company.
Chevrolet Bolt EV Release Date Estimation
There is still no fixed date of when the 2018 Chevrolet Bolt EV will be available for sale. Even so, it is seemingly obvious that the four-door and battery-powered hatchback will be available on the markets by 2017 as a 2018 model year car. We personally assume that the low gas prices may hamper the appeal of the Bolt—and any other EV in general, actually—even though some states, including California, will still require them to be available for sale.