When Chevrolet unveiled the Bolt EV concept car at Janaury’s 2015 North American International Auto Show in Detroit, we figured it was a matter of time until GM’s Tesla-buster saw an official production announcement — and we were right. General Motors has announced it will build the Bolt at a factory north of Detroit, pumping $200 million into plant investment to make the company’s next-generation electric car.
GM’s Orion Assembly Plant, which is the current home of the Chevrolet Sonic and Buick Verano, has been tapped to build the new electric car. GM North America President Alan Batey said the car would stick to the targets set by the concept vehicle: an all-electric, five-passenger compact car that can go at least 200 miles on a charge and cost in the neighborhood of $30,000 after tax credits.
GM gave no timetable as to when the car would go on sale, but given that the company has made a production location and investment announcement — and sources reported that prototypes are already under development at GM technical centers — it seems safe to say it could appear in showrooms within the next two years.