The 2027 Chevy Bolt will be one of the cheapest electric cars you can get

This week, GM held an event where it announced a slew of new details about its upcoming electric vehicle, the 2027 Chevy Bolt. according to InsideEVs Who gleaned news from social media posts. When it rolls off the assembly line at GM’s plant in Fairfax, Kansas, early next year, the Bolt will be priced starting at $29,990, including destination charges. A few months later, the base LT version will arrive starting at $29,990, followed by the RS version at about $32,000, both including destination charges.

When it launches early next year, the new Bolt will feature a 65 kWh LFP battery that will enable an estimated range of 255 miles. It will come with a native NACS charging port, meaning it will be able to charge like thousands of Tesla Supercharger stations at speeds of up to 150 kilowatts. (A NACS-to-CCS adapter will be provided for older charging infrastructure.) It will recharge from 10-80 percent in 26 minutes. It will have bi-directional vehicle-to-home charging capabilities, allowing it to supply up to 9.6 kW of power.

It will have a larger 11.3-inch infotainment screen than older Bolts, but won’t have Apple CarPlay or Android Auto, as GM made the controversial decision to not allow phone mirroring in its electric cars. There will be an option to include the hands-free Super Cruise driver assistance system, which supports lane tracking, lane changes and highway intersections. The new Bolt will also have 16 cubic feet of cargo space with the rear seats up, and 57 cubic feet with them down.

The importance of the new American electric car, whose price starts at less than $30,000, cannot be overstated. Even Tesla, which has a more mature electric vehicle business and has ramped up its supply chain and assembly process over two decades, hasn’t been able to strip enough features and content from its vehicles to make it below that number. The new standard versions of the Model 3 and Model Y will start at $38,640 and $41,600, respectively.

Those prices will make the new Chevy Bolt the cheapest new electric car in America when it launches, sneaking just below the new Nissan Leaf, which starts at $31,485, including destination. It’s likely to be a welcome addition to an electric vehicle market that desperately needs more affordable options, especially in the wake of the expiration of the $7,500 federal EV tax credit.