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BUSINESS GM Readies Electric Rival to Tesla

20K views 72 replies 49 participants last post by  Burnout2016 
#1 ·
General Motors Co. plans to launch a $30,000 electric vehicle called the Chevrolet Bolt that would be capable of driving 200 miles on a charge by 2017, according to people familiar with the strategy, a move to gain ground on Tesla Motors Inc.

GM plans to show off a concept version of the Bolt on Monday at the Detroit auto show, eight years after the auto giant disclosed it would re-enter the electric car market with the Chevrolet Volt. The a Volt, on sale since late 2010 and redesigned for 2015, is being upgraded to get for better capability and sharper design and has a backup gasoline motor on board in case juice runs out.

The Chevy Bolt, carrying a more capable battery manufactured by South Korea’s LG Chem Ltd. , will be aimed squarely at Tesla’s forthcoming Model 3, a $35,000 electric car also slated to debut in 2017. The concept version of the electric car will be designed to look more like a so-called crossover vehicle, according to people familiar with the design. The Bolt is capable of driving four times further than a Chevrolet Volt plug-in hybrid on a single charge.

GM has thus far struck out in its attempt to match its Silicon Valley rival. Recently, GM launched a $75,000 Cadillac ELR plug-in car that failed to dent Tesla’s dominance among luxury electric-vehicle buyers who have clamored for the Model S sedan.

By placing the Bolt in the high-volume Chevrolet line and giving it a name similar to the Volt, executives hope to polish Chevy’s image as a full-line vehicle manufacturer prepared to meet demand regardless of prices at the pump, according to people familiar with the strategy. GM expects the Bolt to compete globally, including in markets such as China. It is unclear if a car similar to the Bolt would be inserted in the Opel, Cadillac or Buick brands down the road.
Read on: http://www.wsj.com/articles/gm-readies-electric-rival-to-tesla-1420859986?autologin=y
 
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#51 ·
Re: Is this the new Chevrolet Bolt?

I'm going to guess this article is BS. It's going to be a more CUV type vehicle...
;)
Are you saying the Empire State Tribune isn't the go to for the world for automotive news and integrity? :)

Yes, you are right, they pretty much made it up (or the pictures). Think of all the people out there that don't follow the auto industry and will believe this article, sets people up for disappointment. Granted, I suspect the Empire State Tribune isn't read by many....
 
#55 ·
Re: Is this the new Chevrolet Bolt?

Empire State Tribune is a "student newspaper" affiliated with one of the NY Colleges (forget which one now). Not saying that's a bad or good thing, just saying.

That is a sharp looking coupe.
 
#58 ·
Re: Is this the new Chevrolet Bolt?

Just a thought, could the Bolt be a chevy version of the ELR ( much cheaper of course) to help the economies of scale? Crazy thought I know but BOLT does sound like a sporty Volt. Registering CrossVolt maybe is for the CUV and BOLT is for a sporty (at least as far as looks go)2 door?
 
#69 ·
Re: GM is making a $30,000 electric car called the Chevrolet Bolt

As pointed out earlier, Bolt and Volt are homophonic in a low-fidelity environment. Thunderbolt, though. Chevy Thunderbolt. Sounds good to my ear. Chevrolet Thunderbolt, not quite so mellifluous. Hmmm.
 
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