Chevrolet is planning to offer consumers a more affordable electric vehicle. While the automaker currently offers the Chevy Bolt EV at a starting MSRP of $31,500 (plus destination fee), Chevrolet wants to provide more options for consumers. This comes during a time when many automakers are working to shift their lineups toward EVs in the wake of an ongoing global climate crisis. Chevrolet has teased an all-electric Silverado which is set to compete with Ford’s F-150 Lightning and Tesla’s Cybertruck. The automaker isn’t stopping there, however. According to Chevrolet, they’ll be working on electric versions of SUVs and sports cars. We’ll try to see exactly what Chevy has in store, but this is certainly an exciting time for EV fans.
Chevrolet to Offer More EVs
Chevrolet will be expanding its EV lineup. According to the automaker, the goal is to sell hundreds of thousands of EVs annually in the United States by 2025. This may seem a difficult task given the current supply chain issue, but once these resolve Chevy will have a full go signal. Chevy has been teasing the Chevrolet Silverado EV for some time now. Although it seems a fierce competitor, General Motors (GM) is already teasing several new mystery EVs. We’re not sure what these mystery EVs will be, but based on the pictures, they look to be an SUV and a sports car. During a recent earnings call, GM CEO Mary Barra said,
“Affordable EVs aren’t part of the market that start-ups aren’t targeting, but they are key to driving mass adoption of EVs, which is a national and a global priority,” said Barra. “That’s why we plan to follow the Equinox with an even more affordable EV.”
GM’s CEO understands that EVs are the future. She also understands that there are some setbacks that may cause consumers to be hesitant. Despite this wariness, GM and Chevrolet will be investing in a new Ultium platform. This will serve as the new base for new electric vehicles like the Silverado EV. Future iterations of the Chevy Bolt will also make their way to this new platform. One of the more important details that Barra stated was the fact that the automakers were working on more affordable EVs. The Chevy Bolt is reasonably priced but we’ll have to see what the Equinox EV starts at. If GM and Chevy are dead set on affordable EVs, this may be the perfect opportunity for those wanting to test the waters with an EV of their own.
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Photo Credit: GM