News: 2023 Chevrolet Bolt EV/EUV Get Big Price Drop

Substantial Selling price Reduction Repositions Entry-Stage EV

Chevrolet introduced this 7 days that its 2023 Bolt EV and Bolt EUV are likely to get key drops in price tag. The intention is to make the company’s two electrical car or truck choices a lot more attractive to consumers, especially individuals that are wanting for an very affordable choice to a gasoline-powered automobile.

2023 Chevrolet Bolt EV
Exact same car or truck, considerably less price

The new 2023 pricing (2022 pricing in parenthesis) includes the mandatory $995 place price.

Bolt EV     $26,595 ($32,495)

Bolt EUV  $28,195 ($34,495)

These major price reductions, $5,900 for the Bolt EV and $6,300 for Bolt EUV, makes them more aggressive as Chevrolet no for a longer period qualifies for the federal $7,500 tax credit score. But it is extra than that. Other than the cost drop, the 2023 versions are carryovers from 2022, when they were being specified extensive updates.

Extra EVs Coming

In 2023 Chevrolet is launching the all-new, all-electric Equinox, Blazer and Silverado products, which will need to have a rate differential from the Bolt products. As Chevrolet—and the other Basic Motors divisions Cadillac, GMC and Buick—launch added electrical designs, it will become an total internet marketing and revenue positioning strategy so these electric powered automobiles really do not get in every other’s way. At this value level the Bolt will be equipped to be positioned versus other modest EVs—such as the Kia Niro and Nissan Leaf, fairly than its model siblings.

2023 Chevrolet Bolt EV
The Bolt inside remains the exact same

Chevrolet has an additional cause for the new intense pricing: they are playing capture-up. In August 2021 Chevrolet stopped output of the two designs as there was a battery recall. In the course of the previous quite a few months Chevrolet has been contacting entrepreneurs of 2017- 2019 Bolts to have their 60 kilowatt-hour batteries changed with bigger, extra successful 65 kWh batteries. This method is ongoing, but creation of the 2023 designs has when yet again started at the Orion Assembly plant in Orion Township, Michigan.

Clean up Fleet Report has reviewed the Bolt EV and Bolt EUV several occasions and a person staffer place his money down to dwell with a Bolt for 3 years (story backlinks below). If you are in the market place for an attractively priced four-passenger EV that is rated at about 250 miles of assortment, pay a visit to your regional Chevrolet dealer and take a exam push.

Make certain to opt-in to the Thoroughly clean Fleet Report e-newsletter (best appropriate of webpage) to be notified of all new tales and automobile assessments.

Story by John Faulkner. Images by Chevrolet.

Some of Our Time in the Bolt

Flash Drive: 2022 Bolt EUV

Road Examination: 2020 Bolt EV

Choose Two: 2020 Bolt EV

Highway Exam: 2020 Bolt EV

Individual: Farewell to My Chevrolet Bolt EV

Information: 2020 Chevrolet Bolt To Get 259 Miles of Variety

Personal: Two A long time with My Chevrolet Bolt