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Information: 2023 Chevrolet Bolt EV/EUV Get Large Worth Drop

Information: 2023 Chevrolet Bolt EV/EUV Get Large Worth Drop

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Vital Worth Discount Repositions Entry-Stage EV

Chevrolet introduced this week that its 2023 Bolt EV and Bolt EUV are going to get main drops in value. The intention is to make the corporate’s two electrical automobile choices extra engaging to customers, particularly these which might be on the lookout for an reasonably priced various to a gasoline-powered automobile.

Identical automobile, much less price

The brand new 2023 pricing (2022 pricing in parenthesis) consists of the necessary $995 vacation spot charge.

Bolt EV     $26,595 ($32,495)

Bolt EUV  $28,195 ($34,495)

These massive value reductions, $5,900 for the Bolt EV and $6,300 for Bolt EUV, makes them extra aggressive as Chevrolet now not qualifies for the federal $7,500 tax credit score. However it’s greater than that. Apart from the worth drop, the 2023 fashions are carryovers from 2022, after they got in depth updates.

Extra EVs Coming

In 2023 Chevrolet is launching the all-new, all-electric Equinox and Blazer fashions, which must have a value differential from the Bolt fashions. As Chevrolet—and the opposite Normal Motors divisions Cadillac, GMC and Buick—launch further electrical fashions, it turns into an total advertising and marketing and gross sales positioning technique so these electrical autos don’t get in one another’s approach. At this value level the Bolt will be capable to be positioned towards different small EVs—such because the Kia Niro and Nissan Leaf, fairly than its model siblings.

2023 Chevrolet Bolt EV
The Bolt inside stays the identical

Chevrolet has one more reason for the brand new aggressive pricing: they’re enjoying catch-up. In August 2021 Chevrolet stopped manufacturing of each fashions as there was a battery recall. Throughout the previous a number of months Chevrolet has been contacting house owners of 2017- 2019 Bolts to have their 60 kilowatt-hour batteries changed with bigger, extra environment friendly 65 kWh batteries. This course of is ongoing, however manufacturing of the 2023 fashions has as soon as once more begun on the Orion Meeting plant in Orion Township, Michigan.

Clear Fleet Report has reviewed the Bolt EV and Bolt EUV a number of occasions and one staffer put his cash right down to reside with a Bolt for 3 years (story hyperlinks beneath). If you’re out there for an attractively priced four-passenger EV that’s rated at about 250 miles of vary, go to your native Chevrolet vendor and take a check drive.

Be sure that to opt-in to the Clear Fleet Report e-newsletter (high proper of web page) to be notified of all new tales and automobile evaluations.

Story by John Faulkner. Photographs by Chevrolet.

A few of Our Time within the Bolt

Flash Drive: 2022 Bolt EUV

Street Take a look at: 2020 Bolt EV

Take Two: 2020 Bolt EV

Street Take a look at: 2020 Bolt EV

Private: Farewell to My Chevrolet Bolt EV

Information: 2020 Chevrolet Bolt To Get 259 Miles of Vary

Private: Two Years with My Chevrolet Bolt

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