Chevy Bolt and Tesla Model 3: EV Sales Battle

Feb 27, 2017 10:00 AM EST | Joyce Vega

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Chevrolet Bolt and Chevrolet Volt are expected to compete with the Tesla Model 3 for buyers. However, Chevrolet might not do what’s necessary to win over hundreds of thousands of EV buyers to General Motors.

According to Inside EVs, U.S. News compared Chevrolet Bolt with Nissan Leaf, BMW i3, Chevrolet Volt, and Tesla Model S. They give Chevrolet Bolt an overall 8.7 out of 10 score. Chevrolet Bolt landed on No. 4 of 25 compact cars that were reviewed to date. The car received a Critic’s Rating of 9.1, performance score at 8.9, and an interior score of 8.3. Pros of the car are its long range, quiet, roomy cabin, up to date tech features. Some of the cons are low-rent cabin materials, and the price when compared to compact car rivals.

Forbes reported that Chevrolet dealers might actually hurt the sales of Chevrolet Bolt. They say that the dealer they have visited in Los Angeles and Philadelphia had low stock of both Chevrolet Bolt and Chevrolet Volt. They were stacked with Silverados, Malibus, Impalas, Cruzes, and Corvettes, but only one or two Volts and Bolts.

Despite the lack of inventory, the salespeople aren’t actually pitching the Volt or Bolt to the customers. Even if a customer wants another electric vehicle that is not in their lot, they would have to order it from other dealers. It seems that General Motors needs to advertise Volt and Bolt so it can actually sell a large amount of them so it can compete with the Tesla Model 3.

Tesla plans to make 5,000 Model 3s per week by the end of the year, and 10,000 per week in 2018. The car is rated at 215 miles of range per charge and starts at $35,000. The Bolt is rated at 238 miles and its MSRP is $37,000. At first glance, many customers would break the bank for a Tesla Model 3 because it has the EV buzz around it. Chevrolet Bolt is an amazing electric car, but Chevrolet needs to do what’s necessary to win over the buyers.

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