On June 2, according to foreign media reports, General Motors said on Wednesday local time that it would significantly reduce the price of the Chevrolet bolt electric vehicle According to foreign media reports, GM lowered the starting price of the bolt ev to $26595, a drop of as much as 18%, slightly lower than that of the Nissan LEAF electric vehicle (the recommended retail price is $27400).
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This year, GM launched a bolt crossover vehicle called the bolt EUV, which will start at $35695 and drop to $28195.
While other automakers are raising the price of electric vehicles to cope with rising commodity costs, General Motors has announced that it will sharply reduce the price.
In response, GM said it wanted to convey the message that affordability has always been a priority for these electric vehicles. In addition, foreign media said that the price cut would also help make up for GM's competitive disadvantage in tax credit.
It is reported that GM's sales of electric vehicles were affected by the recall of Chevrolet bolt in August last year. In the first three months of 2022, the company sold only 358 bolt vehicles in the United States, far lower than the 9025 in the same period of 2021.