Chevy Bolt at NAIAS in 2015
The car will make its debut at the North American International Auto Show (NAIAS) in Detroit, which runs from January 12 to 25 in Detroit. It will replace the similarly named Chevy Volt, was has been marketed since 2010. The Chevrolet Bolt has new features, such as being able to switch to a gas engine and the ability to travel four times as far on a charge than the Volt. The car will be able to go 200 miles on a charge.
The Bolt will compete with a new Tesla electric vehicle, also expected out in 2017, called the Model 3. That vehicle is expected to sell in the $35,000 range.
WSJ: Cadillac ELR plug-in fails
As the Wall Street Journal reported, another GM electric vehicle, a high-end plug-in vehicle, the Cadillac ELR, which sells for $75,000, has failed to significantly enter the market of luxury electric vehicles dominated by Tesla.
With gasoline prices in North America falling so sharply, already a trend has been noted in the car market as electric cars become less sought-after. However, the electric car market continues strong despite that drop in sales.
The NAIAS, formerly called the Detroit Auto show, changed its name in 1989 and took on a more international flavor: the auto show in its original format began in 1907.
Each year it features new models from many countries and 1,359 new vehicles have been introduced to the world at the show since 1989.
