Forum Discussion
RetiredRealtorR
Oct 09, 2023Explorer
Reisender wrote:RetiredRealtorRick wrote:
Yes, it is a shame that the Bolt is being discontinued, but IMO it sends a huge message. If Americans won't embrace what is probably the lowest priced, very affordable EV, it looks like the mainstream buyer is not ready for EV's. Bring on the economical ICE's and hybrids. I think they're here to stay for quite a while.
The bolt is being discontinued because they lose too much money on them. The price has to be as low as it is to compete with Teslas 38000 dollar model 3 which is a superior car in every way. Essentially they just got priced out of the market.
The base price of a Bolt is $26,500 -- a far cry from Tesla's $38,000 buy-in.
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