General Motors on track to get Bolt electric car over the start line on time
Orion Township — General Motors is ramping up production of Chevrolet Bolt electric cars at a factory north of Detroit and is on track to start delivering vehicles as promised by the end of the year, company officials said on Friday. Barring a last-minute stumble, GM will be first to offer an electric car with more than 300km of driving range at a starting price of less than $40,000 before tax credits. Silicon Valley electric car maker Tesla has said its entry in this new market segment, the Model 3, will launch next year. The Bolt and the Model 3 represent contrasting strategies to push electric vehicles into the mainstream of the US auto market. Tesla Chief Executive Elon Musk has said the company will overhaul its Fremont, California, factory to build as many as 500,000 Model 3 sedans and related models a year. Tesla’s Model 3 design prototypes show a car aimed at German luxury sedans such as the Audi A3 or A4. Musk has said nearly 400,000 people have put down deposits on the Mod...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.