Chevrolet Commits To Bolt EV Production

(RTTNews) - Chevrolet confirmed production of its next-generation pure electric vehicle, based on the Bolt EV concept. It will be built at General Motors' Orion Assembly facility near Detroit.

General Motors Company (GM) North America President Alan Batey made the announcement ahead of the Chicago Auto Show. The Bolt EV concept was introduced last month at the North American International Auto Show in Detroit.

Leveraging the industry-leading battery technology found in the Chevrolet Volt and Spark EV, the Bolt EV concept was developed as a game-changing, long-range pure electric for all 50 states, designed to offer more than a GM-estimated 200 miles of range at a target price of around $30,000.

The progressively styled concept vehicle features selectable driving modes for preferred driving styles, such as daily commuting, and it was designed to support DC fast charging.

GM's Orion Assembly, home of the Chevrolet Sonic sub-compact and Buick Verano luxury compact, and Pontiac Metal Center facilities are receiving a $200-million investment to support production of the next-generation electric vehicle. Orion will receive $160 million for tooling and equipment, and Pontiac will receive $40 million for new dies.