DETROIT — With the introduction of an affordable electric car that can go 200 miles on a single charge, General Motors sets up a showdown with Tesla to sell an electric vehicle to the masses. It may also upstage a car of its own.
GM on Monday unveiled the Chevrolet Bolt, a $30,000 concept car that will probably go on sale in about two years. The range will make it attractive to many buyers who would not consider a fully electric car for fear of running out of juice. The rollout of the orange compact hatchback eclipsed GM's unveiling of a revamped Chevy Volt at the Detroit auto show.
When the Volt, a plug-in gas-electric hybrid, was introduced as a concept car in 2007, it was touted as an electric vehicle for everyone. It could go 38 miles on battery power, with a gas generator taking over to end worries of being stranded. But its $40,000 price tag hamstrung sales, even with a $7,500 federal tax credit.
Enter the Bolt, a hatchback with a hefty range and SUV-like cargo area and a price that's about the same as the average selling price of a new vehicle in America.
Technically, the Bolt is a concept car, but GM plans to start selling a production version sometime in 2017. That offers a challenge to Silicon Valley's Tesla Motors Inc., which plans to deliver a mass-market, 200-mile electric car for around $35,000 in the same time frame.
Critics have raved about the handling and acceleration of Tesla's Model S all-electric sedan. Its motor can push power to the wheels almost immediately and its massive battery is low to the ground, giving it a low center of gravity for better handling.
The Bolt has the same characteristics, said Stuart Norris, director of advanced design for GM in Korea, where much of the car was designed. GM used aluminum on some of the car's parts, and the seats are thin, all to keep weight down and boost range and performance, Norris said.
In addition, the low battery pack also gives the car a flat floor, making more space for up to four passengers, plus a big rear cargo area, he said.