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General Motors is bringing back an affordable and popular electric vehicle model after years of absence from the market.
The Chevrolet Bolt returns for the 2027 model year, starting at $29,900 at the manufacturer’s suggested retail price, according to a company press release.
“Later in the model year, an even more affordable LT will be available with a starting MSRP1 of $28,995,” the press release states. Both electric vehicles under $30,000 will include a destination and freight charge of $1,395.
GM says the car “will begin shipping to customers early next year and will be a limited-run model.” The electric vehicle will be offered with Tesla’s North American charging standard and is expected to have a range of 255 miles, the company said.
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Exterior of the 2027 Chevrolet Bolt, which will begin shipping to customers early next year. (General Motors/Fox News)
GM first launched the Chevrolet Bolt EVs in 2015 and used batteries made by LG entities as part of a commercial agreement with the automaker. GM issued recalls in 2020 after facing numerous complaints about fires in certain vehicles.
GM ended production of the Bolt EV in 2023, and in May 2024, GM and South Korean company LG Energy Solution reached an agreement to establish a $150 million fund to help Chevrolet Bolt EV owners affected by faulty batteries, according to U.S. court filings obtained by Reuters.
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The 2027 Chevrolet Bolt will be offered with Tesla’s North American charging standard and is expected to have a range of 255 miles. (General Motors/Fox News)
The Bolt’s relaunch comes at a time when tariff-induced higher prices and fewer federal subsidies tied to electric vehicles are putting pressure on consumers.
2027 Chevrolet Bolt LT passenger side front interior view. (General Motors/Fox News)
“The Chevrolet Bolt was the first affordable, mass-market long-range electric vehicle and built one of GM’s most loyal customer bases thanks to its price, versatility and practicality,” Scott Bell, vice president of Global Chevrolet, said in a statement.
| Teleprinter | Security | Last | Change | Change % |
|---|---|---|---|---|
| General manager | GENERAL MOTORS CO. | 55.35 | -0.57 |
-1.02% |
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“After production ended, we heard the feedback from our customers and their love for this product. So the Bolt returns, by popular demand and better than ever, for a limited time. It’s a celebration of what Bolt means to our customers and to Chevrolet. This is your chance to own a popular and affordable electric vehicle. So, if you’ve been waiting, now is the time. Don’t miss it,” he said.
Reuters contributed to this report.
