This isn't just some larger Spark EV. It's much, much better.
We've known for a while now that Chevrolet was quietly working on a car that could directly challenge the likes of the upcoming entry-level Tesla Model 3. In other words, the soon-to-be revealed second gen Volt could possibly be out of date in the near future by a car named the Bolt. It's not just a clever name. Set to debut in concept form this week at Detroit, the Chevy Bolt will supposedly be launched in 2017 with a target price between $30,000 and $35,000.
After the US federal tax credit, buyers will end up spending under $30k. GM actually trademarked the Bolt name back in August and even as far back as 2013, then-CEO Dan Akerson claimed the automaker was working on a car with a 200-mile range on a single charge. The base Tesla Model S, for example, has a 208 mile range for a price of $70k. The Bolt is said to be larger than the Volt and will feature a hatchback body style. It definitely appears to be Model 3 fighter. Full details and photos are only a day or so away.