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Jordan Perch loves automotive innovation and that is his ultimate passion. He is managing the resourceful DMV.com and is an active contributor to numerous consumer and automotive blogs.

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Chevrolet Unveils 200-mile Bolt EV Concept

Posted March 23, 2015 11:15 AM by Jordan Perch
Pathfinder Tags: bolt chevrolet electric vehicle

One of the reasons why electric reasons still can not compete in the mainstream market, besides the well-known issues like range anxiety and scarce infrastructure, is that they are not really affordable. Bringing their cost down has been one of Elon Musk's main goals ever since his company Tesla motors started manufacturing electric vehicles, and lately, other car makers have ramped up efforts for building an electric car for the masses. General Motors is one of those automakers, with its Chevrolet division working to develop an affordable EV for a while now, and it seems to have gotten pretty close to achieving that goal.

At the Detroit Auto Show this week, Chevrolet showcased a concept of their new electric car that addresses the main issues these alternative vehicles are faced with - high purchase price and limited range. The compact EV concept, dubbed Bolt, was unveiled by GM's CEO, Mary Barra, and is considered the company's answer to Tesla's Model 3, which is expected to be launched sometime next year, and is touted as the world's first EV for the masses.

Chevrolet says that the four-door hatchback will be able to compete with Tesla's car in another important aspect, besides price. According to the company, the four-door hatchback will have a driving range of over 200 miles, which no EV, other than the ones made by Tesla, can achieve. As far as price is concerned, Barra said that it will cost somewhere around $30,000 after government incentives, as it will be eligible for a $7,500 federal tax credit, similarly to what the upcoming Model 3 is expected to cost.

According to the company's CEO, GM was able to develop this long-range, relatively cheap electric car thanks to the experience and expertise acquired through the development of their two other EV models - the Spark and the Volt. "We have made tremendous strides in technologies that make it easier and more affordable for Chevrolet customers to integrate an all-electric vehicle in their daily lives," said Mary Barra.

The fact that Chevrolet used lightweight materials, such as aluminum and carbon fiber, to make the car's body, also helps ensure greater range. On top of the powerful battery pack and the appealing price tag, the abundance of advanced high-tech solutions may also help the Bolt become a worthy rival to the Model 3. It comes with GM's Connect app, which allows drivers to lock and unlock the car through their smartphone. Also, the car has a piloted parking feature, which means that the driver can leave it at a parking garage entrance and it will locate a vacant parking spot and drive to it all by itself.

Although GM didn't officially say that it plans to put it into production, the Bolt is expected to be launched in 2017, and when it hits dealerships, it will have to compete against the likes of the Nissan Leaf, the BMW i3, the Ford Focus Electric, and the Mitsubishi i-MiEV, in addition to the anticipated Tesla Model 3, and will have a significant edge over all of them, barring Tesla's car, in terms of both price and range.

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#1

Re: Chevrolet Unveils 200-mile Bolt EV Concept

03/23/2015 3:38 PM

I'm still speculating that the first major auto manufacturer that teams up with one of the big industrial equipment electric drive systems manufacturers and goes with one of their designs will be the EV leader for some time.

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#2

Re: Chevrolet Unveils 200-mile Bolt EV Concept

03/23/2015 4:22 PM

"According to the company's CEO, GM was able to develop this long-range, relatively cheap electric car thanks to the experience and expertise acquired through the development of their two other EV models - the Spark and the Volt."

And the fact that Tesla released their patents didn't hurt either.

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#3

Re: Chevrolet Unveils 200-mile Bolt EV Concept

03/23/2015 11:52 PM

Take the Government money out of it, then look at the books--Tesla's progress, altho great, technology wise, stinks as far as the "cooked" books, financially. The amount of debt, being financed thru bond debenture programs, etc, doesn't work in the real world, They will probably be using Space -X monies to help fill the debt float. Space X has no competitors, and is mostly funded by the US Government. (Google has the same sweet deal with their mapping program for the Defense Dept and NASA) A few very good articles on Seeking Alpha and other sites---Solyndra ring a bell?

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#5
In reply to #3

Re: Chevrolet Unveils 200-mile Bolt EV Concept

03/24/2015 9:11 AM

I think you'll be changing your tune when the battery factory gets up to speed, Tesla can't survive just on their model S. they'll mass produce a car that almost anyone can afford and the business model will make sense and profit., look for Tesla to supply Detroit with batteries, their current batteries are a joke

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#4

Re: Chevrolet Unveils 200-mile Bolt EV Concept

03/24/2015 1:24 AM

In an EV upto what level(%)of charge it can run?

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#9
In reply to #4

Re: Chevrolet Unveils 200-mile Bolt EV Concept

03/24/2015 10:11 PM

The say retired batteries contain 80% charge,why won't an EV run on that charge?.

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#6

Re: Chevrolet Unveils 200-mile Bolt EV Concept

03/24/2015 6:14 PM

I don't see a need for "all electric" cars. The range anxiety will never go away.

The VOLT is the way to go; electric drive but with a small ICE to charge the battery when it needs it. Range becomes several hundred miles per tank of gas, and you can fill up anywhere in the USA.

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#7
In reply to #6

Re: Chevrolet Unveils 200-mile Bolt EV Concept

03/24/2015 6:43 PM

I disagree. the fleet will change, tailpipes will be banned. it wont happen overnight but it will change

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#8
In reply to #7

Re: Chevrolet Unveils 200-mile Bolt EV Concept

03/24/2015 9:26 PM

There will be other ways to recharge batteries in the near future besides ICE. Right now

fuel cells and hydrogen could do it.

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