Chevrolet Bolt confirmed for production

At a special breakfast this morning, kicking off the start of the 2015 Chicago Auto Show media days, Vice President of General Motors North America, Alan Batey, made an announcement confirming the production of the 200 mile electric vehicle based on the Bolt EV concept unveiled at the 2015 Detroit Auto Show.

“The message from consumers about the Bolt EV concept was clear and unequivocal: Build it. We are moving quickly because of its potential to completely shake up the status quo for electric vehicles,” said Mr. Batey.

In an official press release, GM says the Bolt EV will be for “all 50 states” and will offer “more than a GM-estimated 200 miles of range” all for a target price of (after incentives) “around $30,000.”

GM will be spending around $200 million to upgrade the Orion assembly plant that will produce the next generation Chevy Sonic and Chevy Bolt.

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