Steel Markets
June 30, 2015
GM Chevy Bolt to Challenge Tesla
Written by Sandy Williams
General Motors wants to bring electric cars to the masses not just the “elite.” GM CEO Mary Barra, in an interview with LinkedIn’s executive editor Daniel Roth, said the all-electric Chevy Bolt (with a “B”) will be offered to the public at $30,000 compared to Tesla’s $75,000 vehicle.
Electrification is for everyone, “not just the elite,” said Barra. “Affordability will really pave the way because customers are very rational. [They] are gonna do the math and they’re gonna figure out, ‘Hey, what works best for my use case?’”
