General Motors its new, fully electric car Bolt EV will have 238-mile range, more than Tesla Model 3. Bobbi Rebell reports.
The electric car battle is getting a jolt. General Motors upping the ante with its new, mid-range, fully electric Chevrolet Bolt EV- that it says will get an average of 238 miles on a full charge. GM will start selling the car in a few months for a starting price of $37,500 but many American consumers can use incentives and a federal tax credit of about $7,500- bringing the price down to 30 grand. Patrick Min of TrueCar: (SOUNDBITE) PATRICK MIN, SENIOR MANAGER, INDUSTRY INSIGHTS AT ALG, A TRUECAR COMPANY, (ENGLISH) (SAYING): "The Bolt, I think, supersedes all mainstream competitors to date, which really had milage in the 80 to 105 miles extended range. And, so, they have a 200-plus mile range capability, it's kind of a feather in its cap. We will see if consumers will now eliminate that range anxiety that exist for most of electric vehicles today." Bolt's main competitor, Tesla Model 3 will have a base range over 215 miles, and will start at $35,000 before incentives, but it won't start production until late 2017, giving the bolt a big head start.