GM (GM) Sets Chevrolet Bolt EV Price at $37,495, Excluding Tax Credits

September 20, 2016 6:38 AM EDT

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General Motors (NYSE: GM) posted the following to its website on Tuesday:

The Chevrolet Bolt EV set the range benchmark for an affordable EV capable of going the distance by offering an EPA-rated 238 miles on a full charge. Now, Chevrolet is keeping its promise to offer the Bolt EV at an affordable price by confirming a base Manufacturer’s Suggested Retail Price of $37,495 including destination charge. Depending on individual tax situations, customers may receive an available federal tax credit of up to $7,500 for a net value of $29,995.

“Value is a hallmark for Chevrolet and the pricing of the Bolt EV proves we’re serious about delivering the first affordable EV with plenty of range for our customers,” said Alan Batey, president of GM North America and leader of Global Chevrolet. “We have kept our promise yet again, first on range and now on price.”

Bolt EV buyers will find range, cargo space, technology and safety features standard in a great vehicle with crossover proportions. The thrill of driving an EV, along with the sales and service support of a nationwide network of Bolt EV certified Chevrolet dealers, makes the Bolt EV a smart buy for any customer.

The well-equipped LT trim starts at $37,495 and comes with standard features that include, among others, Regen on Demand™ steering wheel paddle, rear vision camera, 10.2-inch diagonal color touch screen and MICHELIN™ Self-sealing tires (in certain circumstances). The top trim Premier includes all LT equipment plus additional standard features such as leather-appointed seats, front and rear heated seats, surround camera and rear camera mirror. Pricing includes destination and freight charges and excludes tax, title, license and dealer fees. The Bolt EV will be available at select dealerships in late 2016.

More information on the benefits of driving electric can be found at www.ChevyEVlife.com. More information about the Bolt EV can be found at www.Chevrolet.com/bolt.



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