Tesla and Chevrolet Race To Roll Out First Affordable Electric Car

Tesla has led the electric car industry with it’s luxurious electric cars for sometime, but breaking into the mainstream has been somewhat elusive for the company. Other models of affordable electric cars have fallen short of consumer expectations with battery life lasting an average of about 70 miles on models like the Nissan Leaf and Fiat e500. Tesla has already announced its concept for an electric car with a 200 mile battery range at consumer cost of $40,000, but Chevy is now cutting in with their own concept car that is slated to give the same battery range but at a slightly cheaper price.

“My sense is that [Chevy] probably looked at the numbers, cost, and range Elon [Musk, head of Tesla] was claiming for the Model 3, and said, ‘You know what? We can do that.’ I think they’re gonna be able to. I don’t think they make those claims lightly,” says Karl Brauer, a senior analyst at Kelley Blue Book.

The Chevrolet Bolt concept car was presented at this year’s Detroit Auto Show to an unsuspecting crowd. GM’s new concept would be the highest performing electric car from any company other than Tesla with a price tag of about $30,000. The new car is expected to come out in 2017, around the time of Tesla’s Model 3 release.

“We have made tremendous strides in technologies that make it easier and more affordable for Chevrolet customers to integrate an all-electric vehicle in their daily lives. The Bolt EV concept demonstrates General Motors’ commitment to electrification and the capabilities of our advanced EV technology,” says Mary Barra, CEO of General Motors.

No matter which company succeeds in developing the first affordable electric car, consumers win!

 

Read More – Chevy Could Beat Tesla to Building the First Mainstream Electric Car (Wired, Alex Davies)

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Originally from Gaithersburg, Maryland, Millan is a senior at the George Washington University studying Biological Anthropology.

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