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The 2023 Chevrolet Bolt’s price has been revealed. It is extremely affordable. Some automotive publications are calling the Bolt the most affordable electric vehicle, but that isn’t entirely true. The Nissan Leaf is technically the most affordable electric vehicle.

The 2022 Nissan Leaf is more affordable than you may think

A gray 2022 Nissan Leaf electric car is parked.
The 2022 Nissan Leaf | Nissan

The 2022 Nissan Leaf starts at $27,400. Unlike the Chevy Bolt, the Nissan Leaf is eligible for federal electric vehicle tax credits. The Nissan Leaf S’ price is closer to $19,900 after EV tax incentives. Very few electric vehicles have starting prices under $20,000.

The Nissan Leaf is more affordable than the Chevrolet Bolt electric hatchback because of tax incentives. It may not stay that way forever as the inventive is gradually phased out, but for now, it holds the crown. The Chevy Bolt’s starting price is $26,595.

According to Fueleconomy.gov, the Bolt electric vehicle is no longer eligible for the federal electric vehicle tax credit. The EV has been officially phased out of the government incentive.

The Nissan Leaf is affordable, but do you really want it?

A white 2022 Nissan Leaf electric car is driving .
The 2022 Nissan Leaf | Nissan

The Nissan Leaf may be the most affordable electric vehicle after tax incentives, but should you buy it? Is the electric car practical enough to satisfy the average American?

The Nissan Leaf has 149 miles of range. Its most capable configuration has a 226-mile max driving range. The Leaf doesn’t have as much range as many of its rivals. Its 149-mile driving range isn’t desirable to many Americans with range anxiety.

The electric car makes 147 horsepower. It has lots of cabin space, a peppy powertrain, and plenty of standard features. How does Nissan’s EV compare to the 2023 Chevy Bolt?

The 2023 Chevy Bolt is attempting a comeback

A blue 2023 Chevy Bolt EV is parked in a driveway.
The 2023 Chevy Bolt EV | Chevrolet

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The 2023 Chevy Bolt is the first Bolt model year to be released since the billion-dollar battery debacle. GM still hasn’t given up on the nameplate despite several models going up in flames and one of the largest vehicle recalls in history.

The Chevy Bolt has become one of the most infamous electric vehicles. Stories of the Bolt’s battery overheating and catching fire have made headlines and caused many potential buyers to be apprehensive. GM intends for the 2023 Chevy Bolt to be the second coming of the electric vehicle. The $5,900 price reduction could mean a new beginning for the vehicle, depending on how consumers receive it.

According to Edmunds, the 2022 Chevy Bolt has 259 miles of driving range. The Chevy Bolt EV’s range makes it a more practical electric car for the money than the Nissan Leaf. The real question is, will the new Bolt EV be reliable, or will its comeback go up in flames?

Read more about the Chevy Bolt EV price drop in the next article below.

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