Tesla may have some competition. General Motors announced plans to start selling an affordable electric car in 2017 that will have the ability to drive 200 miles on a single charge, the same distance touted by Tesla.
According to the Associated Press GM’s electric vehicle, named the Chevrolet Bolt, will be available for approximately $30,000 by 2017. Which is cheaper than Tesla’s upcoming Model 3, which is expected to retail at $35,000 and travel 200 miles on a single charge. The Chevrolet Bolt will also include a $7,500 federal tax credit to help incentivize the purchase.
The Chevrolet Bolt will join GM’s already existing lineup of environmentally friendly cars such as the Chevrolet Volt.
What do you think of GM’s new Chevrolet Bolt? Do you think it will create problems for Tesla and other companies working on electric cars?
Please leave your comments below.