---
title: "GM Unveils Chevrolet Bolt EV Priced At $29K After Tesla's Budget Model Reveal"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/260426147.md"
description: "General Motors has launched the Chevrolet Bolt EV, its most affordable electric vehicle, priced at $29,000. The new model features a familiar design with improved technology, including faster charging and a 255-mile range. GM has also decided against extending EV incentives after a deadline, amid concerns from Senator Bernie Moreno. Meanwhile, Tesla has introduced affordable trims for its Model Y and Model 3, facing criticism regarding their potential impact on sales. GM's performance metrics indicate good momentum and value in the market."
datetime: "2025-10-09T10:22:23.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/260426147.md)
  - [en](https://longbridge.com/en/news/260426147.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/260426147.md)
---

> 支持的语言: [English](https://longbridge.com/en/news/260426147.md) | [繁體中文](https://longbridge.com/zh-HK/news/260426147.md)


# GM Unveils Chevrolet Bolt EV Priced At $29K After Tesla's Budget Model Reveal

**General Motors Co.** (NYSE:GM) has revealed it's most affordable electric vehicle, the Chevrolet Bolt EV, which offers a new battery and a $29k price tag.

_Check out the current price of GM here._

## A Familiar Design, Better Technology

The automaker revealed the new Bolt EV on Wednesday, showcasing a similar design to the outgoing model, with only minor cosmetic updates to the front and the rear.

However, the vehicle features significantly faster charging, with 150kW capacity and NACS port support. The EV also offers a 255-mile range and V2L (Vehicle To Load) charging at 9.6kW.

Perhaps the biggest update is the new 65 kWh LFP battery supplied by Chinese battery giant **Contemporary Amperex Technologies Ltd.** (CATL), which will supply the automaker with batteries until 2027.

Chevrolet offers the Bolt EV in three trim levels, the base LT retails for $28,995. The LT Comfort trim is priced at $29,990 while the range-topping RS Trim is available for $32,000.

## GM Backtracks EV Credit

The news comes as GM has reportedly backtracked on offering its planned incentives on EVs beyond the September 30 deadline after Sen. **Bernie Moreno** (R-OH) expressed concern about the incentives.

**Ford Motor Co.** (NYSE:F) is also offering the incentive, along with multiple other major U.S. automakers, but it remains unclear whether Ford is also considering pulling the plug on the incentive extension at this moment.

## Tesla's Affordable Trims Invite Criticism

**Tesla Inc.** (NASDAQ:TSLA) also announced new affordable trim levels for the EV giant's Model Y and Model 3 in the U.S. The affordable models, however, have invited criticism from various experts, including **Gerber Kawasaki**'s **Ross Gerber** and **Future Fund LLC**'s **Gary Black**, who predicted it wouldn't increase sales figures.

Meanwhile, Tesla bull and **Wedbush Securities**' investor **Dan Ives** reiterated his optimism with Tesla, but expressed disappointment over the company's pricing strategy with the affordable trims, deeming it to be too close to the already available variants.

GM offers good Momentum and Value and scores satisfactorily on the Quality and Growth metrics. GM also offers a favorable price trend in the Medium and Long term. For more such insights, sign up for Benzinga Edge Stock Rankings today!

_Check out more of Benzinga's Future Of Mobility coverage by_ _following this link._

-   Ford Employees Face Possible Firing For Not Returning To Office As CEO Jim Farley Laments Technician Shortages: Report

_Photo courtesy: Jonathan Weiss / Shutterstock.com_

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