Tesla Model 3 gets a real competitor, the 2017 Chevy Bolt EV

General Motors Co. announced Tuesday that its 2017 Chevy Bolt EV will be able to go 238 miles per charge on a fully-charged battery. This is impressive, considering its rival Tesla Motors Model 3 sedan which promises 10 percent less.

GM originally said the 2017 Bolt EV would be in excess of 200 miles on a single charge. An electric range of 238 miles is a critically important number of GM, which has committed to efficient and affordable electric cars.

2017 Chevy Bolt EV

GM is treading on Tesla’s Turf

Earlier this year, General Motors CEO Mary Barra promised the 2017 Bolt EV would be an affordable, connected electric vehicle built for everyone. Interestingly, the remark made it seem like Barra was pulling the trigger at Tesla, which is seen as a leader in the North America plug-in electric vehicle market.

It’s highly likely that the Model 3, which isn’t expected to be shipped until late 2017, will range above 215 miles. Even if Tesla manages to range more from its battery, the competition will then come down to each car’s performance and built-in tech. This also includes the geographic reach and brand recognition. The Tesla Model 3 has some interesting features, notably the upturned snub nose and the huge rear windshield. It is also decked with fascinating tech, including a 15-inch touchscreen and the company’s semi-self-driving system called Autopilot. Tesla offers swift acceleration from zero to sixty in six seconds. The ludicrous acceleration acts as a bonus point for customers who want no slouch with speed.

The 2017 Chevy Bolt EV could beat Tesla’s Model 3

2017 Chevy Bolt EV dashboard

The 2017 Chevy Bolt EV is expected to be about $37,000. While Tesla’s Model 3 is supposed to be below $35,000. Both the electric cars should be eligible for government clean energy incentives of up to $7,500. Although, the Tesla Model 3 is sitting on 400,000 reservations since its unveiling in March 2016. Although, the legislative banning Tesla from selling cars directly in some states may act up to GM’s advantage.

The 2017 Bolt EV has some interesting features too. This includes tech features such as a 10.2-inch touchscreen and inductive charging. Using inductive charging, Chevy Bolt owners can power up their smartphone wirelessly. The Chevy Bolt EV will also have OnStar 4G LTE, which turns the Bolt EV into a Wi-Fi hotspot. Android Auto and Apple CarPlay is standard.

At some point in 2017, the Bolt will launch in Europe, marketed as the Opel Ampera-a. Although, it won’t be unveiled until the Paris Auto Show which is only a few weeks away.

Volkswagen is also expected to pull the curtains off a long-range electric car at the Paris Auto Show. Ford CEO Mark Field has also indicated that the company will be producing its own affordable plug-in EV.

Avatar
Anna Domanska
Anna Domanska is an Industry Leaders Magazine author possessing wide-range of knowledge for Business News. She is an avid reader and writer of Business and CEO Magazines and a rigorous follower of Business Leaders.

Recent Posts

Credit Suisse withdraws $10 billion from Greensill

Credit Suisse withdraws $10 billion from Greensill

Greensill Capital, a provider of supply-chain financing, is facing further trouble with Credit Suisse, the Swiss bank, withdrawing $10bn of ...
2 days ago
Melrose plans to divest Nortek for $3.5 billion

Melrose plans to divest Nortek for $3.5 billion

Melrose Industries Plc, the UK buyout specialist, plans to divest its US-based Nortek division that makes heating and air conditioning produ...
2 days ago
Honda to Sell Limited Level 3 Autonomous Driving Legend Sedan

Honda to Sell Limited Level 3 Autonomous Driving Legend Sedan

Honda Motor Co Ltd plans to sell 100 of its flagship Legend sedan packed with its Sensing Elite autonomous driving features with level 3 aut...
3 days ago
U.S. Airline Industry Desperate for Next Round of Stimulus

U.S. Airline Industry Desperate for Next Round of Stimulus

Another $15 billion in bailout funds is being considered for the hard-pressed U.S. airline industry by the US Congress, bringing a much-need...
3 days ago
Self-Driving Cars: Meet the Industry Leaders & Laggards

Self-Driving Cars: Meet the Industry Leaders & Laggards

Much like the flying car, the self-driving car has appeared frequently in sci-fi movies and TV shows. Who could forget Bruce Wayne’s favor...
4 days ago
EU’s Data Protection act inadequate to meet new world tech need, says policy drafter

EU’s Data Protection act inadequate to meet new world tech need, says policy drafter

Europe’s data protection laws under the General Data Protection Regulation need to be revised to meet the post-pandemic world’s ...
5 days ago