By Summer Ballentine, MediaNews Group
General Motors Co.’s revamped, battery-powered 2027 Chevrolet Bolt will ship to dealers in January with a starting price tag under $30,000 for the limited release, the company said Thursday.
Models will be priced between $28,995 and $32,995.
The price tag is key as automakers fight to bring down the cost of EVs and grow sluggish U.S. sales. Compounding the issue is the recent loss of a $7,500 tax credit for buyers and lessees under legislation signed by President Donald Trump, as well as Trump’s laundry list of import taxes on auto parts and materials.
Stephanie Brinley, principal automotive analyst for the Americas at S&P Mobility, said GM likely was influenced to reintroduce the Bolt to fill a temporary gap in its entry-level EV lineup as it engi