General Motors is battling with the Blue Oval to produce the most popular electric vehicle. Ford has a clear lead in the race to create the most popular electric vehicle platform with EVs like the Ford F-150 Lightning and Ford Mustang Mach-E. The Chevrolet Bolt EUV could be GM’s ringer. The best 2023 Bolt EUV configuration costs under $38,000.
The 2023 Chevy Bolt EUV is one of the most affordable electric SUVs ever made
The 2023 Chevrolet Bolt EUV may not be the most competitive in terms of driving range or power output, but its value proposition is practically unmatched. The Bolt EUV starts at just $27,200. Mic drop.
The Chevy Bolt EUV’s greatest rivals have starting prices closer to $40K. The Kia Niro EV and Hyundai Kona Electric are no longer eligible for federal electric vehicle tax credits, so the price difference between the South Korean EVs and the Bolt EUV is significant (to say the least). Even a fully-loaded Chevy Bolt EUV is more affordable than the Kia Niro EV base model. Edmunds praises the subcompact electric SUV’s affordable pricing and driving experience.
How much is a fully-loaded Chevrolet Bolt EUV?
The 2023 Chevy Bolt EUV Premier starts at $31,700. It comes standard with perforated leather-appointed seats, adaptive cruise control, and HD surround vision. The subcompact SUV also includes ventilated front-row seats, a heated steering wheel, and wireless device charging.
Buyers can add the Super Cruise package for an additional $2,200. Super Cruise is a hands-free driver assistance feature that uses adaptive cruise control, enhanced automatic emergency braking, and lane-centering with a driver attention system to provide a hands-free driving experience on compatible roads (drivers should always pay attention when using Super Cruise).
Chevrolet also offers a Sun and Sound package that adds a 10.2-inch HD touchscreen infotainment system with navigation and a seven-speaker Bose sound system for $2,495. The Chevy Bolt EUV costs a grand total of $37,390 with both packages (before taxes and additional fees).
The Chevy Bolt EUV Premier could be a hit
Aside from its reliability issue (overheating batteries), the Chevrolet Bolt was well-received when it first hit the scene. The 2023 Chevy Bolt EUV has all the makings of a great affordable electric vehicle. Between the EUV Premier’s 247-mile driving range and great standard features, it could outsell competitors. In fact, the Bolt EUV could be General Motors’ secret weapon in the race to produce the most popular electric vehicle nameplate.
Chevy’s new subcompact electric SUV is practical and affordable enough for most American drivers, even without federal electric vehicle tax incentives. It’s roomier than the Bolt, so if any GM electric vehicle (that’s currently available) has a shot at becoming the people’s EV, it’s the Bolt EUV. Powerful electric pickup trucks like the Chevy Silverado EV RST may be exciting, but the EVs that will be the most impactful are the ones that have the potential to become the most ubiquitous.
Furthermore, the Chevy Bolt EUV targets a segment that even Tesla hasn’t tackled yet: the subcompact electric SUV segment. The 2023 Chevy Bolt EUV could be the ringer that GM needs in 2023.