The reborn Chevrolet Bolt EV is almost here, and now we know a bit more about it. General Motors held an event for Bolt owners on Wednesday, where it spilled the beans on some of the budget electric crossover’s key details.
The 2027 Chevy Bolt’s launch edition will roll out of its Fairfax, Kansas, plant early next year and cost $29,990, including destination fees, according to social media posts from those who attended. A few months later, a base LT model will arrive at $28,995.
As of right now, that bargain price point should make the new Bolt the cheapest new electric car in America come next year. It sneaks in just below the 2026 Nissan Leaf, which starts at $29,990, excluding a $1,495 destination charge. (Though it may get undercut when Nissan announces pricing for the Leaf’s upcoming entry trim.)
With a price point comparable to small gas-powered crossovers, healthy range and way faster charging speeds than before, the 2027 Bolt is a sorely needed addition to America’s stubbornly expensive EV market.
In a preview link sent to Bolt owners on Wednesday and viewed by InsideEVs, Chevrolet dropped more details. The company says the new Bolt’s range will be 255 miles, slightly more than the outgoing Bolt EUV’s 247-mile EPA rating. It will recharge from 10%-80% in a not-too-shabby 26 minutes. Its peak charging rate is 150 kilowatts, a huge jump over the sluggish 55 kW charging found in the old Bolt. Juice will be dispensed via a built-in Tesla-style NACS charging port.
The LT has 210 horsepower. And for the first time Chevrolet is offering a sporty-themed RS trim.
From earlier Wall Street Journal reporting that was confirmed by GM, we know that the new Bolt will use lithium iron phosphate (LFP) battery cells, initially imported from China before being source domestically. Those cheaper, more durable cells should have helped GM deliver the sub-$30,000 price tag.
From the outside, the new Bolt bears a strong resemblance in overall shape and size to the previous Bolt EUV that was unceremoniously axed in 2023. But it does have refreshed front and rear fascias. Inside, the new Bolt features an 11.3-inch touchscreen and an 11-inch digital gauge cluster. Super Cruise, as before, will be an optional feature.
The Bolt EV hatchback—joined by a Bolt EUV crossover for the vehicle’s second generation—was among the most popular non-Tesla EVs before General Motors decided to discontinue it. Not too long after that happened, and perhaps spurred by the public outcry, GM announced that it would bring back the Bolt for another generation. And the new model arrives at a pivotal time for America’s EV market.
Photo by: Chevrolet
Affordability is more critical than ever for getting more mainstream consumers into cleaner cars. The loss of the $7,500 EV tax credit in September makes bringing EV costs that much more important for growing electric car sales in the U.S. And numerous studies show that car buyers are eager to try an EV, so long as it doesn’t break the bank.
After targeting a $25,000 car years ago, Tesla seems to have abandoned that mission. Its long-hyped “more affordable models” dropped on Tuesday as little more than stripped-down, lower-priced trims of the existing Model 3 and Model Y.
Other automakers are picking up the mantle of EV affordability, though. The new Nissan Leaf arrived earlier this year with around 300 miles of range in its base configuration. The Slate truck is set to go into production in 2026 as a very different kind of electric option. Ford is cooking up a $30,000 electric pickup truck of its own.
Chevy’s own Equinox EV has quickly burned up the EV sales charts over the last year and change. Just by virtue of its price point and market positioning, the new Bolt will probably be a hit too.
