GM relaunches affordable Bolt EV
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The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. Picture taken March 16, 2021. REUTERS/Rebecca Cook
(Reuters) -General Motors said on Thursday it was bringing its affordable Bolt electric vehicle back, as the Detroit automaker looks to widen its offerings in the space.
The Bolt's launch comes at a time when tariff-induced higher prices and fewer EV-related federal subsidies are pressuring consumers.
GM said the Bolt would launch at a starting price of just under $30,000, with a cheaper variant scheduled to be rolled out later in the year.
The EV would be offered with Tesla's North American Charging Standard and is expected to have a range of 255 miles, the company said.
(Reporting by Nathan Gomes in Bengaluru; Editing by Shreya Biswas)
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