General Motors targets Tesla with EV launches

January 12, 2015 // By Paul Buckley
General Motors Co. (GM) is planning to launch a $30,000 electric vehicle - the Chevrolet Bolt - which will be capable of driving 200 miles on a single charge by 2017.

GM has unveiled a concept version of the Bolt at this week's Detroit automotive show.  The Chevy Bolt features a battery manufactured by South Korea’s LG Chem Ltd. and is targeting the company's rival EV maker, Tesla Motors' Model 3, which is a $35,000 electric car also scheduled to debut in 2017.

The Bolt will be capable of driving four times farther than a Chevrolet Volt plug-in hybrid on a single charge.

“The Bolt EV concept is a game-changing electric vehicle designed for attainability, not exclusivity,” said General Motors CEO Mary Barra. “Chevrolet believes electrification is a pillar of future transportation and needs to be affordable for a wider segment of customers.”

Bolt drivers will be able to select operating modes designed around preferred driving styles such as daily commuting and spirited weekend cruising, for uncompromising electric driving. The modes adjust accelerator pedal mapping, vehicle ride height and suspension tuning. The Bolt EV concept is also designed to support DC fast charging.

This week Chevrolet has also unveiled the all-new 2016 Volt electric car with extended range, showcasing a sleeker, sportier design that offers 50 miles of EV range, greater efficiency and stronger acceleration.

Chevrolet's Volt was launched by GM eight years ago when the company re-entered the electric car market. Less than 90,000 Volts have sold globally since it went on sale in late 2010, and only 1,500 were delivered in December 2014.

The Volt’s new, efficient propulsion system will offer a General Motors’-estimated total driving range of more than 400 miles and with regular charging, owners are
expected to travel more than 1,000 miles on average between gas fill-ups.

The 2016 Volt's battery capacity has increased to 18.4 kWh using 192 cells (96 fewer than current generation) with weight reduced by more than 20 pounds.

GM’s industry-leading battery technology has been reengineered for the next-generation Volt. The 2016 Volt will use an 18.4 kWh battery system featuring revised