GM starts producing 200-mile electric car

Published
0

ORION TOWNSHIP: It can go more than 200 miles on battery power and it costs less than the average new vehicle in the US But in an era of $2 per gallon gasoline, the Chevrolet Bolt probably won’t do a whole lot to shift America from gasoline to electricity.

General Motors has started making Bolt hatchbacks on a slow assembly line at a factory in Orion Township, Michigan, north of Detroit.

The cars, starting at $37,495 before a $7,500 federal tax credit, will go on sale in California and Oregon before the end of the year, and will spread to the rest of the country next year. The average sales price of a new vehicle in the US is about $34,000, according to Kelley Blue Book.

Analysts say the Bolt’s 238-mile range on a single charge, plus a net price of around $30,000, should make it an attractive alternative to cars with internal-combustion engines. The Bolt’s range more than covers the average daily round-trip commute of about 40 miles in the US, and that should give comfort to those who fear running out of power, said Stephanie Brinley, an auto industry analyst for IHS Markit

IHS predicts that GM will sell just under 30,000 Bolts in the first year, which won’t add much to the roughly 235,000 electrics now on US roads.

Published in Dawn, November 6th, 2016

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Wheat price dilemma
Updated 26 Oct, 2026

Wheat price dilemma

A price no buyer is obliged or financially equipped to pay is only a number. Growers seem to have grasped this before the government did.
Encounter culture
Updated 26 Oct, 2026

Encounter culture

Whether police actions in "encounters" were legitimate or unlawful can only be established through credible investigations.
Recognising distress
26 Oct, 2026

Recognising distress

THE deaths of two families in Karachi, being investigated as suspected murder-suicides, raise disturbing questions...
Prudent warning
Updated 25 Oct, 2026

Prudent warning

Muslim countries have warned against a new conflict. But will the war lobbies in Washington and Tel Aviv listen?
Party of one
25 Oct, 2026

Party of one

IT ill behoves a political party that claims to be the biggest and most popular in the country to be so mired in...
Reckless driving
25 Oct, 2026

Reckless driving

THERE is a lack of official data documenting the crisis, but even by the most conservative estimates, over a dozen...