On Monday, Chevrolet will be unveiling the next generation Chevrolet Volt. That car's powertrain will have the familiar Volt setup of an on-board regenerator. In addition to that, Chevrolet will be unveiling a concept car called the Bolt that can travel up to 200 miles on a single charge and has an initial price point of $30,000.
Though the Bolt is a concept, it is set to go into production for the 2017 model year, so we could see it on the road in as little as 18 months.
Chevrolet already builds a pure electric version of the Chevrolet Spark. It starts at around $20,000, has a range of 82 miles, and more pound-ft of torque than some full-size pickups, but it is currently only sold in California and Oregon for the sake of complying with those states' zero-emissions laws.
The Bolt will be different though; General Motors is planning on offering the Bolt nationwide and globally with a particular eye on China with its smog problems. For domestic consumption at least, the Bolt will be built in the US at one of GM's existing plants.
The $30,000 price point is no accident either. General Motors is targeting two prime targets, the Nissan Leaf which starts at $29,010 and has a 100 mile range, and the coming Tesla Model 3 which is said to be aiming for a $35,000 price point with a 200 mile range. If GM can meet both its price point and range target, the Bolt could become the Goldilocks electric vehicle offering both anxiety-free range and attainable price point.
The speculation out there says that the Bolt will be a crossover hatchback, but beyond that, technical details are scarce.
The Bolt will be revealed at a press conference that starts at 7:35am on Monday, January 12th. We will be on hand to bring you updates and pictures from the show floor.
*Chevrolet Spark EV charge port shown in picture above courtesy of General Motors.